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From Vaults to Virtual: The Rise of Blockchain in Banking

Tom Spencer

The European Central Bank (ECB) is also exploring the possibility of introducing a digital euro, with Europes CBDC expected to launch from 2028. In October 2020, HSBC launched theContour platform, which uses blockchain to digitize trade finance and reduce friction in international trade transactions.

Banking 88
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Gen AI in Banking: Transformative Use Cases

Tom Spencer

The AI model aims to help financial advisors quickly find and synthesize answers to investing and finance queries and offer highly personalized insights on the spot. Accenture forecasts that by 2028 the banking industry will witness a 30% increase in employee productivity. Data-driven decision-making 2.1

Banking 78
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Elon Musk’s Unusual Compensation Plan Isn’t Really About Compensation at All

Harvard Business

If, by contrast, Tesla’s target was merely a $100 billion market capitalization — frankly, a great target for most companies, as it projects a 7% return annually for the next 10 years — then investors might quickly lose their appetite to continue financing the company. They signed up for transformation, not steady returns.