The COVID-19 pandemic has pushed digitalization and digitization across all industry sectors and blockchain is considered an innovative front-running technology with regard to applicability and usability in these challenging times.
Blockchain technology has enabled access, through the process of tokenization,
to assets that, until now, could not be traded quickly and easily. Tokenization is one of the cornerstones of Decentralized Finance (DeFi) and native functionality of multiple blockchain architectures. The properties and features of a
token unlock a variety of economic possibilities, besides the main function of
using it as fuel for the network itself. A basic definition of a token refers to a digital asset that is created, issued, and managed on a Blockchain or Distributed Ledger Technology (DLT) infrastructure, and is designed to be highly secure with an instant transferability property. With the advancement of smart contracts, some built-in functionalities have been developed and programmed, which helped push the tokenization process to new heights. From real estate security tokens that represent fractionalized properties to platform-specific tokens that incentivize the use of a particular application, tokens have emerged as a secure and digital alternative for users across the world to access, trade and store value.
The Content Creators and Art industry is going through a paradigm shift with the
introduction of Non-Fungible Tokens (NFTs), as the space is acquiring a large number of artists hoping to capitalize on the innovation and distribution power
that blockchain technology is offering. What digitization first removed from art, blockchain is trying to bring it back, reshaping the art world with viable tools for provenance, authenticity and distribution. In this paper we will assess the innovative approach of NFTs in different sectors, with an in-depth analysis of their
usability and impact. We will be focusing on the features of NFTs to ensure scarcity, traceability and proof of ownership, amongst the most essential properties needed to create, store and maintain the value of an asset.
Analyses the main legal requirements in the California Consumer Protection Act (CCPA),
general data protection regulation (GDPR) and the intersections between privacy laws,
genomic data and smart contracts (such as fungible and non-fungible tokens (NFTs). The
CCPA and GDPR laws impose several restrictions on the storing, accessing, processing
and transferring of personal data. This has generated some challenges for lawyers, data
processors and business enterprises engaged in blockchain offerings, especially as they
pertain to high-risk data sets such as genomic data.
Analyses the main legal requirements in the California Consumer Protection Act (CCPA),
general data protection regulation (GDPR) and the intersections between privacy laws,
genomic data and smart contracts (such as fungible and non-fungible tokens (NFTs). The
CCPA and GDPR laws impose several restrictions on the storing, accessing, processing
and transferring of personal data. This has generated some challenges for lawyers, data
processors and business enterprises engaged in blockchain offerings, especially as they
pertain to high-risk data sets such as genomic data. The technical features of NFT, distributed storage and wallets to trace and govern genomic (DNA) data sets will allow data donors to establish digital ownership and control in line with privacy laws using
‘programmable privacy smart contracts’. To be legally compliant, the design of blockchain value propositions should include privacy-by-design capabilities in the smart contract coding language itself.
A non-fungible token is simply a unique digital asset. Assets like bitcoin are fungible, meaning
that all bitcoins are the same and completely interchangeable. An example of a non-fungible
token would be a piece of art. I can have two of the exact same pieces of digital art but each
one is entirely unique. The example below shows two NFTs from the crypto-artist Josie. Her two pieces, might look the same but are entirely unique to the blockchain.
This document discusses the relationship between non-fungible tokens (NFTs) and intellectual property. It explains how NFTs use blockchain technology to create digital scarcity and represent unique assets, though ownership of an NFT does not necessarily confer ownership of the underlying intellectual property. The document outlines the process of creating NFTs, issues around evolving legal definitions and jurisdiction-specific approaches, and concludes that while NFTs allow for certifying uniqueness, they do not grant full ownership of connected intellectual property.
The split, asymmetric molecular spectral line profiles that are seen in many starless cores are interpreted as indicative of global collapse or expansion of the core, then one possible implication is that most starless cores have short lifetimes, on the order of the collapse or sound crossing timescale.
Keto reductases (AKRs) catalyze the NADPH-dependent reduction of carbonyl groups to
alcohols for conjugation reactions to proceed. They are implicated in resistance to cancer
chemotherapeutic agents either because they are directly involved in their metabolism or help
eradicate the cellular stress created by these agents (e.g., reactive oxygen species and lipid
peroxides). Furthermore, this cellular stress activates the nuclear factor-erythroid 2 p45-related
factor 2 (NRF2)-Kelch-like ECH-associated protein 1 pathway. As many human AKR genes are
upregulated by the NRF2 transcription factor, this leads to a feed-forward mechanism to enhance
drug resistance. Resistance to major classes of chemotherapeutic agents (anthracyclines,
mitomycin, cis-platin, antitubulin agents, vinca alkaloids, and cyclophosphamide) occurs by this
mechanism. Human AKRs also catalyze the synthesis of androgens and estrogens and the
elimination of progestogens and are involved in hormonal-dependent malignancies. They are
upregulated by antihormonal therapy providing a second mechanism for cancer drug resistance.
Inhibitors of the NRF2 system or pan-AKR1C inhibitors offer promise to surmount cancer drug
resistance and/or synergize the effects of existing drugs.
Cryptocurrency is attracting the attention of academic and non- academic researchers as an
alternative architecture of currency. Because of the growing of cryptocurrency research, it is
essential to value the existing research of cryptocurrency and identify potential future research
areas. This paper provides an up to date review of IS research on cryptocurrency adoption. In this
paper, we conduct a systematic literature review to gather the previous research related to
cryptocurrency adoption. The goal of this research is to identify the current research stage and
open challenges for future studies in cryptocurrency adoption. Moreover, the paper presents a
systematic literature review (SLR) of 25 research articles published on the adoption of cryptocurrency from 2014 to 2017. The results demonstrate that cryptocurrency adoption research has grown significantly throughout this period, and remains a fertile area for academic research. The results show that the cryptocurrency adoption literature can be classified according
to three main classifications: qualitative research, quantitative research and others. The results of
the SLR reveal that there is a lack of study focusing on the factors that are significantly
influenced on the acceptance of cryptocurrency.
A non-fungible token is simply a unique digital asset. Assets like bitcoin are fungible, meaning
that all bitcoins are the same and completely interchangeable. An example of a non-fungible
token would be a piece of art. I can have two of the exact same pieces of digital art but each
one is entirely unique. The example below shows two NFTs from the crypto-artist Josie. Her two pieces, might look the same but are entirely unique to the blockchain.
Analyses the main legal requirements in the California Consumer Protection Act (CCPA),
general data protection regulation (GDPR) and the intersections between privacy laws,
genomic data and smart contracts (such as fungible and non-fungible tokens (NFTs). The
CCPA and GDPR laws impose several restrictions on the storing, accessing, processing
and transferring of personal data. This has generated some challenges for lawyers, data
processors and business enterprises engaged in blockchain offerings, especially as they
pertain to high-risk data sets such as genomic data.
Analyses the main legal requirements in the California Consumer Protection Act (CCPA),
general data protection regulation (GDPR) and the intersections between privacy laws,
genomic data and smart contracts (such as fungible and non-fungible tokens (NFTs). The
CCPA and GDPR laws impose several restrictions on the storing, accessing, processing
and transferring of personal data. This has generated some challenges for lawyers, data
processors and business enterprises engaged in blockchain offerings, especially as they
pertain to high-risk data sets such as genomic data. The technical features of NFT, distributed storage and wallets to trace and govern genomic (DNA) data sets will allow data donors to establish digital ownership and control in line with privacy laws using
‘programmable privacy smart contracts’. To be legally compliant, the design of blockchain value propositions should include privacy-by-design capabilities in the smart contract coding language itself.
A non-fungible token is simply a unique digital asset. Assets like bitcoin are fungible, meaning
that all bitcoins are the same and completely interchangeable. An example of a non-fungible
token would be a piece of art. I can have two of the exact same pieces of digital art but each
one is entirely unique. The example below shows two NFTs from the crypto-artist Josie. Her two pieces, might look the same but are entirely unique to the blockchain.
This document discusses the relationship between non-fungible tokens (NFTs) and intellectual property. It explains how NFTs use blockchain technology to create digital scarcity and represent unique assets, though ownership of an NFT does not necessarily confer ownership of the underlying intellectual property. The document outlines the process of creating NFTs, issues around evolving legal definitions and jurisdiction-specific approaches, and concludes that while NFTs allow for certifying uniqueness, they do not grant full ownership of connected intellectual property.
The split, asymmetric molecular spectral line profiles that are seen in many starless cores are interpreted as indicative of global collapse or expansion of the core, then one possible implication is that most starless cores have short lifetimes, on the order of the collapse or sound crossing timescale.
Keto reductases (AKRs) catalyze the NADPH-dependent reduction of carbonyl groups to
alcohols for conjugation reactions to proceed. They are implicated in resistance to cancer
chemotherapeutic agents either because they are directly involved in their metabolism or help
eradicate the cellular stress created by these agents (e.g., reactive oxygen species and lipid
peroxides). Furthermore, this cellular stress activates the nuclear factor-erythroid 2 p45-related
factor 2 (NRF2)-Kelch-like ECH-associated protein 1 pathway. As many human AKR genes are
upregulated by the NRF2 transcription factor, this leads to a feed-forward mechanism to enhance
drug resistance. Resistance to major classes of chemotherapeutic agents (anthracyclines,
mitomycin, cis-platin, antitubulin agents, vinca alkaloids, and cyclophosphamide) occurs by this
mechanism. Human AKRs also catalyze the synthesis of androgens and estrogens and the
elimination of progestogens and are involved in hormonal-dependent malignancies. They are
upregulated by antihormonal therapy providing a second mechanism for cancer drug resistance.
Inhibitors of the NRF2 system or pan-AKR1C inhibitors offer promise to surmount cancer drug
resistance and/or synergize the effects of existing drugs.
Cryptocurrency is attracting the attention of academic and non- academic researchers as an
alternative architecture of currency. Because of the growing of cryptocurrency research, it is
essential to value the existing research of cryptocurrency and identify potential future research
areas. This paper provides an up to date review of IS research on cryptocurrency adoption. In this
paper, we conduct a systematic literature review to gather the previous research related to
cryptocurrency adoption. The goal of this research is to identify the current research stage and
open challenges for future studies in cryptocurrency adoption. Moreover, the paper presents a
systematic literature review (SLR) of 25 research articles published on the adoption of cryptocurrency from 2014 to 2017. The results demonstrate that cryptocurrency adoption research has grown significantly throughout this period, and remains a fertile area for academic research. The results show that the cryptocurrency adoption literature can be classified according
to three main classifications: qualitative research, quantitative research and others. The results of
the SLR reveal that there is a lack of study focusing on the factors that are significantly
influenced on the acceptance of cryptocurrency.
A non-fungible token is simply a unique digital asset. Assets like bitcoin are fungible, meaning
that all bitcoins are the same and completely interchangeable. An example of a non-fungible
token would be a piece of art. I can have two of the exact same pieces of digital art but each
one is entirely unique. The example below shows two NFTs from the crypto-artist Josie. Her two pieces, might look the same but are entirely unique to the blockchain.
The invention of disruptive technologies broadens the horizon of opportunities for intellectual property owners. The very idea of selling copyright works in a digital space and using the same to form a digital currency is disruptive. This is one opportunity Non-Fungible Token (NFT) offers. But that disruptiveness raises certain questions and provoke the
consciousness to wonder if NFTs are a form of intellectual property, or whether NFT would shift the paradigm of copyright law as we know it.
Governments through her agencies are also caught in the Un restlessness
of deciphering what NFT means and whether it holds any value for
intellectual property. This article will address the relationship between NFT and copyright, the foreseeable problems and solutions, and how NFTs are channels for intellectual property commercialization.
The split, asymmetric molecular spectral line profiles that are seen in many starless cores are interpreted as indicative of global collapse or expansion of the core, then one possible implication is that most starless cores have short lifetimes, on the order of the collapse or sound crossing timescale.
Keto reductases (AKRs) are overexpressed in a large number of human tumors and mediate
resistance to cancer chemotherapeutics and antihormonal therapies. Existing drugs and new
agents in development may surmount this resistance by acting as specific AKR isoforms or AKR
pan-inhibitors to improve clinical outcome.
The document provides a summary of the current state of cryptocurrency research and identifies open challenges. It conducted a systematic literature review of 25 research articles on cryptocurrency adoption from 2014 to 2017. The results showed that cryptocurrency adoption research has grown significantly in this period but there is still a lack of research on the key factors that influence acceptance of cryptocurrencies. Future studies need to focus on identifying these influential factors to help advance understanding and development of cryptocurrencies.
A non-fungible token is simply a unique digital asset. Assets like bitcoin are fungible, meaning
that all bitcoins are the same and completely interchangeable. An example of a non-fungible
token would be a piece of art. I can have two of the exact same pieces of digital art but each
one is entirely unique. The example below shows two NFTs from the crypto-artist Josie. Her two pieces, might look the same but are entirely unique to the blockchain.
The invention of disruptive technologies broadens the horizon of opportunities for intellectual property owners. The very idea of selling copyright works in a digital space and using the same to form a digital currency is disruptive. This is one opportunity Non-Fungible Token (NFT) offers. But that disruptiveness raises certain questions and provoke the
consciousness to wonder if NFTs are a form of intellectual property, or
whether NFT would shift the paradigm of copyright law as we know it. Governments through her agencies are also caught in the Un restlessness of deciphering what NFT means and whether it holds any value for intellectual property. This article will address the relationship between NFT and copyright, the foreseeable problems and solutions, and how NFTs are channels for intellectual property commercialization.
The split, asymmetric molecular spectral line profiles that are seen in many starless cores are interpreted as indicative of global collapse or expansion of the core, then one possible implication is that most starless cores have short lifetimes, on the order of the collapse or sound crossing timescale.
Keto reductases (AKRs) are overexpressed in a large number of human tumors and mediate
resistance to cancer chemotherapeutics and antihormonal therapies. Existing drugs and new agents in development may surmount this resistance by acting as specific AKR isoforms or AKR
pan-inhibitors to improve clinical outcome.
Cryptocurrency is attracting the attention of academic and non- academic researchers as an
alternative architecture of currency. Because of the growing of cryptocurrency research, it is
essential to value the existing research of cryptocurrency and identify potential future research
areas. This paper provides an up to date review of IS research on cryptocurrency adoption. In this
paper, we conduct a systematic literature review to gather the previous research related to
cryptocurrency adoption. The goal of this research is to identify the current research stage and
open challenges for future studies in cryptocurrency adoption.
This document discusses pump and dump (P&D) schemes in the cryptocurrency market. P&Ds artificially inflate asset prices before selling at a higher price, causing prices to fall and investors to lose money. The document analyzes P&D events in cryptocurrencies, finding evidence of price run-ups before P&Ds and increased volatility and liquidity issues after bans on P&Ds by exchanges. It examines the characteristics of P&Ds in cryptocurrencies compared to stocks, including their short duration and lack of false information.
This document discusses the ideology behind cryptocurrency enthusiasm. It argues that hardcore cryptocurrency enthusiasts see crypto as a way to shift power away from governments and corporations by reducing society's dependence on those institutions. However, the document notes that these enthusiasts tend to downplay the financial and technological risks of cryptocurrencies, and that simply using crypto technologies may not actually lead to the social changes they envision. The ideology promotes crypto as a form of political activism aimed at creating a society powered by decentralized technology instead of traditional power structures.
The crypto industry had a fantastic year in 2021. The industry experienced a surge in almost every aspect - from Bitcoin and Ethereum reaching new all-time highs to the mainstream
adoption of Non-Fungible Tokens (NFTs).
India recorded the second-highest number of cryptocurrencies users worldwide during the year,
and India-based crypto exchange platforms attracted millions of users, with Coin switch alone
amassing over 15+ million of them.
An increasing number of companies worldwide are using bitcoin and other digital assets for a host of investment, operational, and transactional purposes. As with any frontier, there are unknown dangers, but also strong incentives. Explore the kinds of questions and insights enterprises should consider as they determine whether and how to use digital assets.
Blockchain came to mainstream attention in 2017, despite having existed for almost a decade prior. The author explains how this new technology, perhaps best known for its role in enabling cryptocurrencies, works. In his view, blockchain has the potential to change the way the world does business, and its impact is being vastly underestimated by the accounting profession and society at large.
Cryptocurrency is attracting the attention of academic and non- academic researchers as an
alternative architecture of currency. Because of the growing of cryptocurrency research, it is
essential to value the existing research of cryptocurrency and identify potential future research
areas. This paper provides an up to date review of IS research on cryptocurrency adoption. In this
paper, we conduct a systematic literature review to gather the previous research related to
cryptocurrency adoption. The goal of this research is to identify the current research stage and
open challenges for future studies in cryptocurrency adoption. Moreover, the paper presents a
systematic literature review (SLR) of 25 research articles published on the adoption of
cryptocurrency from 2014 to 2017. The results demonstrate that cryptocurrency adoption
research has grown significantly throughout this period, and remains a fertile area for academic
research. The results show that the cryptocurrency adoption literature can be classified according
to three main classifications: qualitative research, quantitative research and others. The results of
the SLR reveal that there is a lack of study focusing on the factors that are significantly
influenced on the acceptance of cryptocurrency.
Schemes are extensive in the cryptocurrency market. P&Ds lead to short-term
bubbles featuring dramatic increases in prices, volume, and volatility. Prices peak
within minutes and quick reversals follow. The evidence we document, including price run-ups before P&Ds start, implies significant wealth transfers between insiders and outsiders. Bittrex, a cryptocurrency exchange, banned P&Ds on November 24, 2017. Using a difference-in-differences approach, we provide
causal evidence that P&Ds are detrimental to the liquidity and price of cryptocurrencies. We discuss potential mechanisms why outsiders are willing to
participate and describe how our findings shed light on its theories.
Ads for blockchain, NFTs and cryptocurrencies like Bitcoin seem to be everywhere. Crypto
technologies are being promoted as a replacement for banks; a new way to buy art; the next big
investment opportunity, and an essential part of the metaverse.
To many, these technologies are confusing or risky. But enthusiasts ardently promote them.
As a cybersecurity and social media researcher, I’ve found that behind the hype is an ideology
about social change: Hardcore enthusiasts argue that crypto will get people to trust in technology
rather than government, which they see as inherently untrustworthy. This ideology leads people to encourage its use while downplaying its risks.
The crypto industry had a fantastic year in 2021. The industry experienced a surge in almost every aspect - from Bitcoin and Ethereum reaching new all-time highs to the mainstream
adoption of Non-Fungible Tokens (NFTs).
India recorded the second-highest number of cryptocurrencies users worldwide during the year,
and India-based crypto exchange platforms attracted millions of users, with Coin switch alone
amassing over 15+ million of them.
There are several potential benefits for businesses to consider adopting cryptocurrency, including accessing new customer demographics, positioning the company for future innovation, and enabling new capital and liquidity options. However, businesses must also consider various challenges and risks. Key questions for treasury teams to address include what objectives would be achieved through crypto adoption, how to safely manage and custody crypto assets, and how crypto could impact traditional treasury functions. Pilot programs can help companies test crypto uses before fully implementing new technologies or processes.
Blockchain came to mainstream attention in 2017, despite having existed for almost a
decade prior. The author explains how this new technology, perhaps best known for its
role in enabling cryptocurrencies, works. In his view, blockchain has the potential to
change the way the world does business, and its impact is being vastly underestimated by
the accounting profession and society at large.
Cryptocurrencies have become a prevailing topic of conversation, even among the most
novice investors. While Bitcoin and Ethereum are the most well-known, few people realize
that there are currently more than 1,600 different cryptocurrencies. Even fewer realize
that their underlying technology—blockchain—may be a far more meaningful disruptor in the
financial sector than cryptocurrencies themselves.
The invention of disruptive technologies broadens the horizon of opportunities for intellectual property owners. The very idea of selling copyright works in a digital space and using the same to form a digital currency is disruptive. This is one opportunity Non-Fungible Token (NFT) offers. But that disruptiveness raises certain questions and provoke the
consciousness to wonder if NFTs are a form of intellectual property, or whether NFT would shift the paradigm of copyright law as we know it.
Governments through her agencies are also caught in the Un restlessness
of deciphering what NFT means and whether it holds any value for
intellectual property. This article will address the relationship between NFT and copyright, the foreseeable problems and solutions, and how NFTs are channels for intellectual property commercialization.
The split, asymmetric molecular spectral line profiles that are seen in many starless cores are interpreted as indicative of global collapse or expansion of the core, then one possible implication is that most starless cores have short lifetimes, on the order of the collapse or sound crossing timescale.
Keto reductases (AKRs) are overexpressed in a large number of human tumors and mediate
resistance to cancer chemotherapeutics and antihormonal therapies. Existing drugs and new
agents in development may surmount this resistance by acting as specific AKR isoforms or AKR
pan-inhibitors to improve clinical outcome.
The document provides a summary of the current state of cryptocurrency research and identifies open challenges. It conducted a systematic literature review of 25 research articles on cryptocurrency adoption from 2014 to 2017. The results showed that cryptocurrency adoption research has grown significantly in this period but there is still a lack of research on the key factors that influence acceptance of cryptocurrencies. Future studies need to focus on identifying these influential factors to help advance understanding and development of cryptocurrencies.
A non-fungible token is simply a unique digital asset. Assets like bitcoin are fungible, meaning
that all bitcoins are the same and completely interchangeable. An example of a non-fungible
token would be a piece of art. I can have two of the exact same pieces of digital art but each
one is entirely unique. The example below shows two NFTs from the crypto-artist Josie. Her two pieces, might look the same but are entirely unique to the blockchain.
The invention of disruptive technologies broadens the horizon of opportunities for intellectual property owners. The very idea of selling copyright works in a digital space and using the same to form a digital currency is disruptive. This is one opportunity Non-Fungible Token (NFT) offers. But that disruptiveness raises certain questions and provoke the
consciousness to wonder if NFTs are a form of intellectual property, or
whether NFT would shift the paradigm of copyright law as we know it. Governments through her agencies are also caught in the Un restlessness of deciphering what NFT means and whether it holds any value for intellectual property. This article will address the relationship between NFT and copyright, the foreseeable problems and solutions, and how NFTs are channels for intellectual property commercialization.
The split, asymmetric molecular spectral line profiles that are seen in many starless cores are interpreted as indicative of global collapse or expansion of the core, then one possible implication is that most starless cores have short lifetimes, on the order of the collapse or sound crossing timescale.
Keto reductases (AKRs) are overexpressed in a large number of human tumors and mediate
resistance to cancer chemotherapeutics and antihormonal therapies. Existing drugs and new agents in development may surmount this resistance by acting as specific AKR isoforms or AKR
pan-inhibitors to improve clinical outcome.
Cryptocurrency is attracting the attention of academic and non- academic researchers as an
alternative architecture of currency. Because of the growing of cryptocurrency research, it is
essential to value the existing research of cryptocurrency and identify potential future research
areas. This paper provides an up to date review of IS research on cryptocurrency adoption. In this
paper, we conduct a systematic literature review to gather the previous research related to
cryptocurrency adoption. The goal of this research is to identify the current research stage and
open challenges for future studies in cryptocurrency adoption.
This document discusses pump and dump (P&D) schemes in the cryptocurrency market. P&Ds artificially inflate asset prices before selling at a higher price, causing prices to fall and investors to lose money. The document analyzes P&D events in cryptocurrencies, finding evidence of price run-ups before P&Ds and increased volatility and liquidity issues after bans on P&Ds by exchanges. It examines the characteristics of P&Ds in cryptocurrencies compared to stocks, including their short duration and lack of false information.
This document discusses the ideology behind cryptocurrency enthusiasm. It argues that hardcore cryptocurrency enthusiasts see crypto as a way to shift power away from governments and corporations by reducing society's dependence on those institutions. However, the document notes that these enthusiasts tend to downplay the financial and technological risks of cryptocurrencies, and that simply using crypto technologies may not actually lead to the social changes they envision. The ideology promotes crypto as a form of political activism aimed at creating a society powered by decentralized technology instead of traditional power structures.
The crypto industry had a fantastic year in 2021. The industry experienced a surge in almost every aspect - from Bitcoin and Ethereum reaching new all-time highs to the mainstream
adoption of Non-Fungible Tokens (NFTs).
India recorded the second-highest number of cryptocurrencies users worldwide during the year,
and India-based crypto exchange platforms attracted millions of users, with Coin switch alone
amassing over 15+ million of them.
An increasing number of companies worldwide are using bitcoin and other digital assets for a host of investment, operational, and transactional purposes. As with any frontier, there are unknown dangers, but also strong incentives. Explore the kinds of questions and insights enterprises should consider as they determine whether and how to use digital assets.
Blockchain came to mainstream attention in 2017, despite having existed for almost a decade prior. The author explains how this new technology, perhaps best known for its role in enabling cryptocurrencies, works. In his view, blockchain has the potential to change the way the world does business, and its impact is being vastly underestimated by the accounting profession and society at large.
Cryptocurrency is attracting the attention of academic and non- academic researchers as an
alternative architecture of currency. Because of the growing of cryptocurrency research, it is
essential to value the existing research of cryptocurrency and identify potential future research
areas. This paper provides an up to date review of IS research on cryptocurrency adoption. In this
paper, we conduct a systematic literature review to gather the previous research related to
cryptocurrency adoption. The goal of this research is to identify the current research stage and
open challenges for future studies in cryptocurrency adoption. Moreover, the paper presents a
systematic literature review (SLR) of 25 research articles published on the adoption of
cryptocurrency from 2014 to 2017. The results demonstrate that cryptocurrency adoption
research has grown significantly throughout this period, and remains a fertile area for academic
research. The results show that the cryptocurrency adoption literature can be classified according
to three main classifications: qualitative research, quantitative research and others. The results of
the SLR reveal that there is a lack of study focusing on the factors that are significantly
influenced on the acceptance of cryptocurrency.
Schemes are extensive in the cryptocurrency market. P&Ds lead to short-term
bubbles featuring dramatic increases in prices, volume, and volatility. Prices peak
within minutes and quick reversals follow. The evidence we document, including price run-ups before P&Ds start, implies significant wealth transfers between insiders and outsiders. Bittrex, a cryptocurrency exchange, banned P&Ds on November 24, 2017. Using a difference-in-differences approach, we provide
causal evidence that P&Ds are detrimental to the liquidity and price of cryptocurrencies. We discuss potential mechanisms why outsiders are willing to
participate and describe how our findings shed light on its theories.
Ads for blockchain, NFTs and cryptocurrencies like Bitcoin seem to be everywhere. Crypto
technologies are being promoted as a replacement for banks; a new way to buy art; the next big
investment opportunity, and an essential part of the metaverse.
To many, these technologies are confusing or risky. But enthusiasts ardently promote them.
As a cybersecurity and social media researcher, I’ve found that behind the hype is an ideology
about social change: Hardcore enthusiasts argue that crypto will get people to trust in technology
rather than government, which they see as inherently untrustworthy. This ideology leads people to encourage its use while downplaying its risks.
The crypto industry had a fantastic year in 2021. The industry experienced a surge in almost every aspect - from Bitcoin and Ethereum reaching new all-time highs to the mainstream
adoption of Non-Fungible Tokens (NFTs).
India recorded the second-highest number of cryptocurrencies users worldwide during the year,
and India-based crypto exchange platforms attracted millions of users, with Coin switch alone
amassing over 15+ million of them.
There are several potential benefits for businesses to consider adopting cryptocurrency, including accessing new customer demographics, positioning the company for future innovation, and enabling new capital and liquidity options. However, businesses must also consider various challenges and risks. Key questions for treasury teams to address include what objectives would be achieved through crypto adoption, how to safely manage and custody crypto assets, and how crypto could impact traditional treasury functions. Pilot programs can help companies test crypto uses before fully implementing new technologies or processes.
Blockchain came to mainstream attention in 2017, despite having existed for almost a
decade prior. The author explains how this new technology, perhaps best known for its
role in enabling cryptocurrencies, works. In his view, blockchain has the potential to
change the way the world does business, and its impact is being vastly underestimated by
the accounting profession and society at large.
Cryptocurrencies have become a prevailing topic of conversation, even among the most
novice investors. While Bitcoin and Ethereum are the most well-known, few people realize
that there are currently more than 1,600 different cryptocurrencies. Even fewer realize
that their underlying technology—blockchain—may be a far more meaningful disruptor in the
financial sector than cryptocurrencies themselves.
1. NFT- Innovation Beyond the Craze
Abstract:
The COVID-19 pandemic has pushed digitalization and digitization across all
industry sectors and blockchain is considered an innovative frontrunning
technology with regards to applicability and usability in these challenging times.
Blockchain technology has enabled access, through the process of tokenization,
to assets that, until now, could not be traded quickly and easily. Tokenization is
one of the cornerstones of Decentralized Finance (DeFi) and a native
functionality of multiple blockchain architectures. The properties and features of a
token unlocks a variety of economic possibilities, besides the main function of
using it as fuel for the network itself. A basic definition of a token refers to a
digital asset that is created, issued and managed on a Blockchain or Distributed
Ledger Technology (DLT) infrastructure, and is designed to be highly secure with
an instant transferability property. With the advancement of smart contracts,
some built-in functionalities have been developed and programmed, which
helped push the tokenization process to new heights. From real estate security
tokens that represent fractionalized properties to platform specific tokens that
incentivize the use of a particular application, tokens have emerged as a secure
and digital alternative for users across the world to access, trade and store value.
The Content Creators and Art industry is going through a paradigm shift with the
introduction of Non-Fungible Tokens (NFTs), as the space is acquiring a large
number of artists hoping to capitalize on the innovation and distribution power
that blockchain technology is offering. What digitization first removed from art,
blockchain is trying to bring it back, reshaping the art world with viable tools for
provenance, authenticity and distribution. In this paper we will assess the
innovative approach of NFTs in different sectors, with an in-depth analysis of
their usability and impact. We will be focusing on the features of NFTs to ensure
scarcity, traceability and proof of ownership, amongst the most essential
properties needed to create, store and maintain the value of an asset.
2. ● Introduction:
When it comes to creating and selling NFTs, the process is really rather simple. It
works like this:
An individual (or company) selects a unique asset to sell as an NFT.
They add the object to a blockchain that supports NFTs through a process called
“minting,” which creates the NFT. The NFT now represents that item on the
blockchain, verifying proof of ownership in an immutable record.
The NFT can be kept as part of a private collection, or it can be bought, sold, and
traded using NFT marketplaces and auctions.
As you might imagine, the technical definition is a bit more convoluted. If you’re
interested in that kind of breakdown, our NFT dictionary gives you a
comprehensive overview of all the technology and infrastructure in the NFT
ecosystem. Publishers, producers, and auction houses often strong-arm creators
into contracts that don’t serve their interests. With NFTs, artists can mint and sell
their work independently, allowing them to retain the IP and creative control.
Artists can also earn royalties from all secondary sales of their work.
In this respect, NFTs have the potential to create fairer models by bypassing the
gatekeepers that currently control creative industries, and many individuals buy
NFTs because it’s a way of empowering and financially supporting the creators
that they love.
3. ● Digital Collectibles:
Non Fungible Tokens are becoming the epicenter of the next gold rush. Will there
be another bubble burst or not, we can just speculate. These digital collectibles
are creating a real hype and transforming the way we value things. But isn’t that
what any innovation does – change the way we behave? It doesn’t matter if you
believe in the whole concept of NFTs, it is impossible to stay indifferent about the
subject matter. If this is the first time you’re hearing about them, you will
undeniably have an opinion by the end. Now, the first impression during the
pandemic was that everything went dormant, that the global economy stood still
and that the whole world went under lockdown. A lot of industries did suffer a
setback but now we are starting to see that despite that, some trends
skyrocketed. Cryptocurrency and blockchain technology aren’t a novelty and it
seems that they are slowly but surely becoming mainstream, if not in the real
world, then in the virtual for certain, and we are hearing a lot more about
metaverse, virtual events and non-fungible tokens. NFTs are based on
blockchain technology, and they are unique digital assets. Anything from art,
audio and video files, text, in-game items, basically anything that could be
collected, and people love to collect all sorts of things.
4. ● Solutions:
The mind boggling question is – why pay when you can have it for free? People
spend enormous amounts of money on NFTs, and yet everyone else seems to
be able to enjoy them for free. The thing is that every NFT has a signature that
can be verified, and people who buy them get a digital certificate of ownership
and authenticity, or in other words- they gain the rights to the unique token. The
tokens are unique, and one of a kind. Blockchain technology allows for the
validity and ownership to be tracked so that it ensures that there can only be one
real owner. But one problem with this is that a non-fungible token can exist on
one blockchain, but that doesn’t limit the seller from offering it on another
blockchain. The other problem is that although you are the solemn owner, and
you have the undeniable proof to back it up, the storage isn’t 100% secure. This
is because although the blockchain does have a permanent record, it usually
uses storage solutions such as Google Cloud or Amazon Web Services, and if
the servers go down, or have some malfunction, your NFT can simply vanish.
And again, why spend all that money? Well to understand it in simpler terms, the
real Mona Lisa is priceless, but you can also get a copy at the gift shop for just a
few bucks. The difference is that there is only one real Mona Lisa, and a
countless number of copies. That’s why we attribute such a high value to fungible
things. Because of their scarcity, sometimes real, sometimes artificially created.
How we value things is shifting because of new technologies, so you can imagine
everyone’s surprise when 1 JPEG, a digital collage of Beeple.
Another argument to support the high value of NFTs is simply – why not? Why
not pay ridiculous amounts of money when you simply can. We see people
flexing with physical items all the time so why would this be any different, when
we are spending perhaps 50% or more of our time online. Why not show off in
the virtual world as well. It can be a status symbol, and part of your identity, a
social currency. But that is the catch, the community validates and attributes
value, and without it, without the community, NFTs would simply be worthless. As
the online communities grow and evolve, so does the craving for NFTs.
Non-Fungible Tokens are in the epicenter of the next gold rush.
● Innovation-Trends:
Non-Fungible Tokens are in the epicenter of the next gold rush
By Deana - 7 min read
Non-Fungible Tokens are in the epicenter of the next gold rush
5. Non Fungible Tokens are becoming the epicenter of the next gold rush. Will there
be another bubble burst or not, we can just speculate. These digital collectibles
are creating a real hype and transforming the way we value things. But isn’t that
what any innovation does – change the way we behave? It doesn’t matter if you
believe in the whole concept of NFTs, it is impossible to stay indifferent about the
subject matter. If this is the first time you’re hearing about them, you will
undeniably have an opinion by the end. Now, the first impression during the
pandemic was that everything went dormant, that the global economy stood still
and that the whole world went under lockdown. A lot of industries did suffer a
setback but now we are starting to see that despite that, some trends
skyrocketed. Cryptocurrency and blockchain technology aren’t a novelty and it
seems that they are slowly but surely becoming mainstream, if not in the real
world, then in the virtual for certain, and we are hearing a lot more about
metaverse, virtual events and non-fungible tokens. NFTs are based on
blockchain technology, and they are unique digital assets. Anything from art,
audio and video files, text, in-game items, basically anything that could be
collected, and people love to collect all sorts of things. Non-fungible tokens can
exist on one blockchain, but that doesn’t limit the seller from offering it on another
blockchain. The other problem is that although you are the solemn owner, and
you have the undeniable proof to back it up, the storage isn’t 100% secure. This
is because although the blockchain does have a permanent record, it usually
uses storage solutions such as Google Cloud or Amazon Web Services, and if
the servers go down, or have some malfunction, your NFT can simply vanish.
And again, why spend all that money? Well to understand it in simpler terms, the
real Mona Lisa is priceless, but you can also get a copy at the gift shop for just a
few bucks. The difference is that there is only one real Mona Lisa, and a
countless number of copies. That’s why we attribute such a high value to fungible
things. Because of their scarcity, sometimes real, sometimes artificially created.
How we value things is shifting because of new technologies, so you can imagine
everyone’s surprise when 1 JPEG, a digital collage of Beeple, got sold for a
staggering figure of $69.3 million USD! And Jack Dorsey’s 1st tweet went as high
as $3 million USD!
6. The boom in the gaming industry has also sparked interest for NFTs, and if we
combine that with the expansion of the metaverse we are talking big numbers.
According to Bloomberg’s Intelligence Report, the intertwined world of gaming
itself and metaverse expansion may elevate the growth of $800 billion USD by
2024. If we look at the NFT market alone, it exploded in 2020, reaching a market
value of around $338 million USD, as opposed to 2018. and $41million USD.
With NFTs in the game, plenty of new opportunities are opening up, both for
gaming characters themselves and their evolution, but also all kinds of
accessories and other in-game items. The fashion industry has already caught
on with the trend, creating their own NFTs.
The excitement about these digital tokens is amongst everyone, even the
celebrities such as Katy Perry, Jay-Z, and Shaq. Even organizations such as the
NBA and fashion powerhouse Louis Vuitton are in on it. It is certainly a great
opportunity for many artists to sell their art and become known now only in the art
world but worldwide and for them this trend might be just perfect.
7. Conclusion:
The virtual financial system and virtual economy are booming so we will be
seeing a lot of new technologies that will allow almost any transaction in the
virtual world to be the same as in the physical world. Slowly the lines between
digital and real are being blurred. Another step towards bringing these two worlds
closer is the 4K platform. The main idea is to allow for physical assets to be
brought onto the blockchain. Minting non-fungible tokens that represent physical
goods will create new opportunities. But the holder cannot possess both the
token and the physical good because upon redemption the NFT is destroyed.So
it looks like there will be plenty of new opportunities for mixing and matching
NFTs, physical goods, cash and cryptocurrency. And who knows what will be
next, since you can already buy real estate in the metaverse.