Is Bitcoin in 2020 Really Like the Early Internet?

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❏ Bitcoin may be behind the internet’s timeline in terms of commercial use cases, but it has already achieved comparable social functions. ❏ CoinDesk

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Project Jasper Reveals Proof of Concept for Accelerated Payments

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Payments Canada, the Bank of Canada, TMX Group and Accenture have shown — through their collaboration on Project Jasper — that it is feasible to instantaneously clear and settle securities on-ledger, and have demonstrated for the first time that both central bank cash and assets can be tokenized to complete instant equity settlements via distributed ledger technology (DLT). Payments Canada owns and operates the country’s payments clearing and settlement infrastructure, and works to ensure the privacy and security of Canada’s financial transactions. Every day, the company processes roughly $200 billion in payments, while the Bank of Canada — the country’s central bank — instills monetary policies to lower inflation and promote financial stability. TMX Group operates cash and derivatives markets and clearinghouses for asset classes like equities and fixed income. The organization provides trading facilities to Canada’s financial community, while Accenture offers solutions in strategy...
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