CCAF Research Report "Distributed Ledger Technology Systems: A Conceptual Framework"

The Cambridge Centre for Alternative Finance (CCAF), at the University of Cambridge Judge Business School, the global leader in Fintech research, has published a document entitled “Distributed Ledger Technology Systems: A Conceptual Framework.”

The authors aim to provide a common framework and terminology for the fast emerging Distributed Ledger Technology (DLT) industry also frequently referred to as Blockchain.  This can be helpful in dispelling the confusion that surrounds the DLT / Blockchain industry.

The report provides a list of the key characteristics of a DLT system, which must be capable of  ensuring:

Cryptocompare publishes research report ”Crypto Asset Taxonomy”

CryptoCompare, the global cryptocurrency market data provider published the ‘Cryptoasset Taxonomy Report’ on 16 October.  The report provides retail and institutional investors, regulators and the industry as a whole with an independent classification of cryptoassets, based on the depth, breadth and scope of CryptoCompare’s global datasets.

CryptoCompare indicates that more than 1,000 different cryptoassets have emerged in the last year alone. Each of these cryptoassets can be categorised and understood using numerous frameworks. CryptoCompare state that there is a clear requirement for a unified approach on how to categorise these assets, to make well-informed investment decisions.

Goldman Sachs and Galaxy Digital Ventures invest in BitGo to build $1 Trillion crypto wallet

This week US based BitGo (http://BitGo.com/) the market leader in institutional-grade cryptocurrency security  announced the second close of its Series B funding round.  The new investors were Goldman Sachs’ Principal Strategic Investments group and Galaxy Digital Ventures LLC.   This brings the total amount raised in the Series B round to $57.5 million. BitGo confirm the funding will support BitGo’s development of its $1 trillion crypto wallet.

BitGo provides institutional investors with security, compliance, and custodial solutions for blockchain-based currencies. Earlier this month, BitGo announced the launch of BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets.