Thank you for the overwhelming response to the last update. If I haven’t yet replied to your email, I appreciate your patience. I’ll answer 2 of the most frequently asked questions I received from Episode 9:
- Yes – you are welcome to be in touch about investment and venture building opportunities within the Rokk3r ecosystem.
- Yes – I could beat Usain Bolt in a race (if the race was 40 yards, based on my 4.4 timing circa 1995)!
In Episode 10 of my weekly update, I’m sharing 3 important stories from the digital world that caught my eye:
1. IBM Signs 6 Banks to Issue Stablecoins and Use Stellar’s XLM Cryptocurrency
Stablecoins are the latest response to the digitization of money. It’s a type of cryptocurrency whose main characteristic is that it’s collateralized by an underlying asset (most often fiat currency, and more recently, crypto-collateralized). It’s estimated that over 100 stablecoin projects currently exist in the market. As blockchain becomes more mainstream across industries, especially in fintech, we will see larger players and partnerships begin to create waves. After all, almost 80% of financial institutions have fintech partnerships, and global venture capital in fintech topped $30 billion in 2018.
2. SpaceX may begin testing its Starship spacecraft this week
The latest numbers from UBS show that the broader space industry as a whole will double in value to over $800 billion in the next decade. As Starship specifically continues to reach unfathomable milestones in preparation for deep space trips, innovations I’ve shared in previous episodes from Virgin Galactic, Jeff Bezo’s Blue Origin and SpaceX, amongst other advancements, are helping to build the industry’s value. Whether it’s proving Starship’s capacity to land back on earth and take off again soon after, or getting closer to the realities of flying from New York to Shanghai in under 40 minutes, the industry is a truly exciting space.
3. 5G & The Future Of Connectivity: 20 Industries The Tech Could Transform
Faster speeds and more reliable connections blanketing the world, enabling anyone to have access to the world’s knowledge from any geography, is one of the major hallmarks of the 5G revolution. This also has tremendous implications on how industries will evolve, as 5G will impact trillions of sensors and devices. From manufacturing, energy, and transportation to retail, financial services, and entertainment, every single industry will be accelerated as a result of this connectivity.