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FIDELITY SURVEY REVEALS INCREASING INSTITUTIONAL APPEAL FOR CRYPTO ASSETS

Fidelity survey reveals increasing institutional appeal of cryptocurrencies

The digital currency arm of Fidelity Investments, a traditional financial firm with over $26 billion USD in assets, has conducted a survey which included more than 400 US-based institutional investors. The sample includes pensioneers, family offices, cryptocurrency & traditional hedge funds, financial advisors, and endowments & foundations, according to a press release about the findings.…

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Rise of Corporate Coins: Major Companies Latest Players Creating Proprietary Cryptocurrencies

The means by which large companies are entering the crypto space is diverse and complex. Whereas many are investigating the use of public blockchains for a wide variety of uses, some are now considering their own proprietary coins. These cryptocurrencies could serve a variety of functions, from better managing operational logistics to giving customers alternative…

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Amazon to compete for blockchain services with intel ibm and microsoft

Amazon opens Blockchain Service, Direct Competition to Microsoft, Intel & IBM

The company announced that fully managed blockchain services will be available to their entire consumer base. Through their tech branch at Amazon Web Services (AWS), Amazon will support companies to realize the potential benefits of adopting blockchain technology, without the overhead costs of programming and maintaining the network, according to a press release published by…

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