Blockchain Press Releases

Europe Hyperscale Data Center Market Industry Outlook & Forecast 2023-2028, the Market to Cross More than $39.6 Billion by 2028 – Arizton

Published

10 months ago

July 11, 2023

europe-hyperscale-data-center-market-industry-outlook-&-forecast-2023-2028,-the-market-to-cross-more-than-$39.6-billion-by-2028-–-arizton

CHICAGO, July 11, 2023 /PRNewswire/ — According to Arizton’s latest research report, the Europe hyperscale data center market will grow at a CAGR of 5.72% during 2022-2028.

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The Europe hyperscale data center market is one of the most developed markets globally. Investments in hyperscale data centers across FLAP and Ireland data center markets in Europe grew significantly. These markets are the largest in terms of IT infrastructure procurement. Hyperscale data center operators are involved in the rapid expansion of their cloud platforms across Europe. Hyperscale data centers are large mission-critical facilities that support robust and scalable applications. Also, these data center variants are often associated with big data-producing companies. Google, Oracle, AWS, Apple, and Microsoft are some of the major hyperscale companies operating data centers with a global presence. Similarly, Tencent is another major cloud company.

Europe Hyperscale Data Center Market Report Scope

Report Attributes	Details
Market Size (2028)	USD 39.69 Billion
Market Size (2022)	USD 28.42 Billion
CAGR by Revenue (2022-2028)	5.72 %
Market Size – Area (2028)	4.36 Million Square Feet
Power Capacity (2028)	882 MW
Base Year	2022
Forecast Year	2023-2028
Market Segmentation	Infrastructure, IT Infrastructure Electrical Infrastructure, Mechanical Infrastructure, Cooling Systems, Cooling Technique, General Construction, Tier Standards, and Geography
Geographic Analysis	Western Europe, Nordics, and Central & Eastern European Countries
Market Dynamics	· Cloud-Based Services Adoption to Drive the Market · Shift From On-Premises to Cloud and Colocation · The advent of IoT & Big Data Technologies · Government Support for Data Center Development · Growing Submarine and Inland Connectivity · Adoption of OCP and Hyperscale Infrastructure

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Market Key Trends

High Adoption of Artificial Intelligence

Artificial intelligence is making inroads across Europe. Governments and businesses are taking multiple initiatives to implement and utilize the potential of artificial intelligence.
Countries like Germany, the U.K., and many others have already developed national strategies for AI, and few other countries are taking concrete steps to deploy AI.

Spain launched AI regulatory sandbox in June 2022.
Portugal has launched an AI-based i4.0 program to improve the technology environment in the country.

Sustainability Initiatives Attracting Data Center Operators

European Union is continuously working towards making energy consumption completely green with new laws and regulations.
Countries like U.K., France, and others have already signed Paris Agreement; therefore, it is binding on them to eliminate fossil fuel as an energy source and replace existing power capacity with renewable energy.
The Climate Neutral Data Center Pact has also prompted operators to move towards 100% renewable energy by 2030.
Governments across Europe are moving towards renewable energy and reducing dependence on fossil fuel-based energy sources.

The U.K. government is moving towards 100% renewable energy by 2035.
Germany wants to have net-zero carbon emissions by 2060.

The Western Europe Hyperscale Data Center Market by Investment to Reach $30.10 Billion by 2028

The UK, France, Spain, and Germany are leading destinations for data center development. At the same time, there are also emerging markets, such as Ireland, with projects from Facebook, Equinix, Digital Realty, and CyrusOne; Italy, with projects from Equinix & Vantage Data Centers; and Switzerland, with projects from Interxion (Digital Realty) and Equinix. The Europe hyperscale data center market will also witness the continuous adoption of cloud services among SMEs due to the heightened interest shown in the digital transformation of businesses through solutions, such as IoT, Big data, and AI. The data center market in Western Europe is witnessing investment contributions from global and local data center service providers. The demand for smart devices and growth internet penetration will also fuel the growth of colocation data centers and corresponding infrastructure in the region. Data centers in Western Europe are built to support OCP rack infrastructure solutions. This is aided by the growth of ODM solutions in the market.

Countries such as Spain, Portugal, Luxembourg, and Greece will likely contribute to the Western European data center market in the upcoming years. Therefore, hyperscale investments in these countries will majorly boost the investment opportunities for vendors.

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Key Market Participants

Microsoft, Google, and Meta are major investors in the Europe hyperscale data center market in terms of cloud players.
Equinix, Digital Realty, Vantage Data Centers, CyrusOne, and NTT are major colocation operators in developing hyperscale facilities across the Europe hyperscale data center market.
Eaton, Vertiv, Schneider Electric, and others are investing in lithium-ion-based UPS systems. Also, these companies are providing electrical infrastructure for hyperscale development across Europe.
Companies like Eaton, Vertiv, Schneider Electric, and many others are supplying Lithium-ion based UPS systems, smart-grid solutions, and new switchgears compatible with different sources of power supplies.
Companies like Ferrovial, Arup, RED, ISG, M+W Group, and others will see increased demand for developing hyperscale data center facilities.

Market Vendors

Key Data Center IT Infrastructure Providers

Arista Networks
ATOS
Broadcom
Cisco Systems
Dell Technologies
Extreme Networks
Fujitsu
Hitachi Vantara
Hewlett Packard Enterprise (HPE)
Huawei Technologies
IBM
INSPUR
Juniper Networks
Lenovo
MiTAC Holdings
NEC Corporation
NetApp
Pure Storage
Quanta Cloud Technology (Quanta Computer)
Super Micro Computer
Wistron Corporation

Key Data Center Support Infrastructure Providers

3M
ABB
Airedale International Air Conditioning
Aermec
Alfa Laval
Aksa Power Generation
Carrier
Caterpillar
Condair
Climaveneta
Cummins
D’HONDT THERMAL SOLUTIONS
Daikin Applied
Delta Electronics
Eaton
ebm-papst
EMICON INNOVATION AND COMFORT
Enrogen
Flaktgroup
Grundfos
Güntner
Gesab
HiRef
HITEC Power Protection
Honeywell International
Johnson Controls
Kohler-SDMO
KyotoCooling
Legrand
Mitsubishi Electric
Munters
NetNordic
Nlyte Software (Carrier Global Corporation)
Perkins Engines
Piller Power Systems
Reillo Elettronica (Riello UPS)
Rittal
Rolls-Royce
Schneider Electric
Siemens
Socomec
STULZ
Trane (Ingersoll Rand)
Vertiv

Prominent Construction Contractors

AECOM
AODC
AEON Engineering
ARC:MC
Ariatta
ARSMAGNA
Artelia
Arup
Aurora Group
Atkins
Basler & Hofmann
BENTHEM CROUWEL ARCHITECTS
Bouygues Construction
Callaghan Engineering
CAP INGELEC
Coromatic (E.ON)
Deerns
Designer Group
Dipl.-Ing. H. C. Hollige
Dornan
DPR Construction
Etop
EYP MCF
Ferrovial
Fluor Corporation
Free Technologies Engineering
Future-tech
Granlund Group
GreenMDC
Gottlieb Paludan Architects
Haka Moscow
ICT Facilities
IDOM
IMOS
ISG
JCA Engineering
JERLAURE
Kirby Group Engineering
Linesight
M+W Group
Mace
Mercury
Metnor Construction
MT Hojgaard
Nicholas Webb Architects (NWA)
Norma Engineering
Oakmont Construction
PM Group
Power Quality Control (PQC)
Quark
Ramboll Group
RED
Royal HaskoningDHV
STARCHING
STO Building Group
STRABAG
STS Group
Sweco
TPF Ingénierie
TTSP
Turner & Townsend
Warbud
Winthrop Engineering and Contracting
YIT
ZAUNERGROUP

Prominent Data Center Investors

Amazon Web Services (AWS)
Apple
Aruba
atNorth (Partners Group)
Colt Data Centre Services (COLT DCS)
CyrusOne
DATA4
DigiPlex (IPI Partners)
Digital Realty
Echelon Data Centres
EcoDataCenter
Equinix
Facebook (Meta)
Global Switch
Google
Green Mountain
Iron Mountain (IO)
Ixcellerate
Kevlinx
Microsoft
NTT Global Data Centers
Orange Business Services
Rostelecom Data Centers (RTK-DC)
T5 Data Centers
Vantage Data Centers
Verne Global
Virtus Data Centres (ST Telemedia Global Data Centres)
Yondr
Global Technical Realty
Stratus DC Management

Market Segmentation

Infrastructure

IT Infrastructure
Electrical Infrastructure
Mechanical Infrastructure
General Construction

IT Infrastructure

Server Infrastructure
Storage Infrastructure
Network Infrastructure

Electrical Infrastructure

UPS Systems
Generators
Transfer Switches & Switchgears
PDUs
Other Electrical Infrastructure

Mechanical Infrastructure

Cooling Systems
Racks
Other Mechanical Infrastructure

Cooling System

CRAC & CRAH Units
Chiller Units
Cooling Towers, Condensers & Dry Coolers
Economizers & Evaporative Coolers
Other Cooling Units

Cooling Technique

Air-based Cooling Technique
Liquid-based Cooling Technique

General Construction

Core & Shell Development
Installation & Commissioning Services
Engineering & Building Design
Fire Detection & Suppression
Physical Security
DCIM/BMS Solutions

Geography

Western Europe

The UK
Germany
France
Netherlands
Ireland
Italy
Spain
Other Western European Countries

Nordics

Denmark
Sweden
Norway
Finland

Central & Eastern European Countries

Poland
Other Central & Eastern European Countries

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Key Questions Answered in the Report: 

How big is the Europe hyperscale data center market?
What is the growth rate of the Europe hyperscale data center market?
What is the estimated market size in terms of area in the Europe hyperscale data center market by 2028?
What are the key trends in the Europe hyperscale data center market?
How many MW of power capacity is expected to reach the Europe hyperscale data center market by 2028?

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Table of Content

1. REPORT COVERAGE

1.1. WHAT’S INCLUDED

1.2. SEGMENTAL COVERAGE

1.2.1. MARKET SEGMENTATION BY INFRASTRUCTURE

1.2.2. MARKET SEGMENTATION BY ELECTRICAL INFRASTRUCTURE

1.2.3. MARKET SEGMENTATION BY MECHANICAL INFRASTRUCTURE

1.2.4. MARKET SEGMENTATION BY COOLING SYSTEM

1.2.5. MARKET SEGMENTATION BY COOLING TECHNIQUE

1.2.6. MARKET SEGMENTATION BY GENERAL CONSTRUCTION

MARKET AT A GLANCE
INFRASTRUCTURE SEGMENTATION

GEOGRAPHICAL SEGMENTATION
PREMIUM INSIGHTS

5.1. KEY HIGHLIGHTS

5.2. KEY TRENDS THAT IMPACT EUROPE HYPERSCALE DATA CENTER MARKET

5.3. GEOGRAPHICAL ANALYSIS

5.4. SEGMENTAL ANALYSIS

5.5. KEY MARKET PARTICIPANTS

MARKET OPPORTUNITIES & TRENDS

6.1. ADOPTION OF ARTIFICIAL INTELLIGENCE

6.2. SUSTAINABILITY INITIATIVES ATTRACTING DATA CENTER OPERATORS

6.3. DEVELOPMENT OF DISTRICT HEATING CONCEPT

6.4. INNOVATIVE CONSTRUCTION TECHNIQUES OF DATA CENTERS

MARKET GROWTH ENABLERS

7.1. CLOUD-BASED SERVICE ADOPTION

7.2. SHIFT FROM ON-PREMISES TO CLOUD & COLOCATION

7.3. ADVENT OF IOT & BIG DATA TECHNOLOGIES

7.4. GOVERNMENT SUPPORT FOR DATA CENTER DEVELOPMENT

7.5. GROWTH IN SUBMARINE & INLAND CONNECTIVITY

7.6. ADOPTION OF OCP & HYPERSCALE INFRASTRUCTURE

MARKET RESTRAINTS

8.1. SUPPLY CHAIN DISRUPTIONS

8.2. INCREASED CARBON EMISSIONS FROM DATA CENTERS

8.3. LACK OF SKILLED WORKFORCE

8.4. SECURITY CHALLENGES

MARKET LANDSCAPE

9.1. MARKET OVERVIEW

9.2. INVESTMENT: MARKET SIZE & FORECAST

9.3. AREA: MARKET SIZE & FORECAST

9.4. POWER CAPACITY: MARKET SIZE & FORECAST

INFRASTRUCTURE

10.1. MARKET SNAPSHOT

10.2. KEY HIGHLIGHTS

10.3. IT INFRASTRUCTURE

10.3.1. MARKET OVERVIEW

10.3.2. INVESTMENT: MARKET SIZE & FORECAST

10.4. ELECTRICAL INFRASTRUCTURE

10.4.1. MARKET OVERVIEW

10.4.2. INVESTMENT: MARKET SIZE & FORECAST

10.5. MECHANICAL INFRASTRUCTURE

10.5.1. MARKET OVERVIEW

10.5.2. INVESTMENT: MARKET SIZE & FORECAST

10.6. GENERAL CONSTRUCTION

10.6.1. MARKET OVERVIEW

10.6.2. INVESTMENT: MARKET SIZE & FORECAST

IT INFRASTRUCTURE

11.1. MARKET SNAPSHOT

11.2. SERVER INFRASTRUCTURE

11.2.1. MARKET OVERVIEW

11.2.2. INVESTMENT: MARKET SIZE & FORECAST

11.3. STORAGE INFRASTRUCTURE

11.3.1. MARKET OVERVIEW

11.3.2. INVESTMENT: MARKET SIZE & FORECAST

11.4. NETWORK INFRASTRUCTURE

11.4.1. MARKET OVERVIEW

11.4.2. INVESTMENT: MARKET SIZE & FORECAST

ELECTRICAL INFRASTRUCTURE

12.1. MARKET SNAPSHOT

12.2. UPS SYSTEMS

12.2.1. MARKET OVERVIEW

12.2.2. INVESTMENT: MARKET SIZE & FORECAST

12.3. GENERATORS

12.3.1. MARKET OVERVIEW

12.3.2. INVESTMENT: MARKET SIZE & FORECAST

12.4. TRANSFER SWITCHES & SWITCHGEAR

12.4.1. MARKET OVERVIEW

12.4.2. INVESTMENT: MARKET SIZE & FORECAST

12.5. PDUS

12.5.1. MARKET OVERVIEW

12.5.2. INVESTMENT: MARKET SIZE & FORECAST

12.6. OTHER ELECTRICAL INFRASTRUCTURE

12.6.1. MARKET OVERVIEW

12.6.2. INVESTMENT: MARKET SIZE & FORECAST

MECHANICAL INFRASTRUCTURE

13.1. MARKET SNAPSHOT

13.2. COOLING SYSTEMS

13.2.1. MARKET OVERVIEW

13.2.2. INVESTMENT: MARKET SIZE & FORECAST

13.3. RACKS

13.3.1. MARKET OVERVIEW

13.3.2. INVESTMENT: MARKET SIZE & FORECAST

13.4. OTHER MECHANICAL INFRASTRUCTURE

13.4.1. MARKET OVERVIEW

13.4.2. INVESTMENT: MARKET SIZE & FORECAST

COOLING SYSTEM

14.1. MARKET SNAPSHOT

14.2. CRAC & CRAH UNITS

14.2.1. MARKET OVERVIEW

14.2.2. INVESTMENT: MARKET SIZE & FORECAST

14.3. CHILLER UNITS

14.3.1. MARKET OVERVIEW

14.3.2. INVESTMENT: MARKET SIZE & FORECAST

14.4. COOLING TOWERS, CONDENSERS & DRY COOLERS

14.4.1. MARKET OVERVIEW

14.4.2. INVESTMENT: MARKET SIZE & FORECAST

14.5. ECONOMIZERS & EVAPORATIVE COOLERS

14.5.1. MARKET OVERVIEW

14.5.2. INVESTMENT: MARKET SIZE & FORECAST

14.6. OTHER COOLING UNITS

14.6.1. MARKET OVERVIEW

14.6.2. INVESTMENT: MARKET SIZE & FORECAST

COOLING TECHNIQUE

15.1. AIR-BASED COOLING

15.1.1. MARKET OVERVIEW

15.1.2. INVESTMENT: MARKET SIZE & FORECAST

15.2. LIQUID-BASED COOLING

15.2.1. MARKET OVERVIEW

15.2.2. INVESTMENT: MARKET SIZE & FORECAST

GENERAL CONSTRUCTION

16.1. MARKET SNAPSHOT

16.2. CORE & SHELL DEVELOPMENT

16.2.1. MARKET OVERVIEW

16.2.2. INVESTMENT: MARKET SIZE & FORECAST

16.3. INSTALLATION & COMMISSIONING SERVICES

16.3.1. MARKET OVERVIEW

16.3.2. INVESTMENT: MARKET SIZE & FORECAST

16.4. ENGINEERING & BUILDING DESIGN

16.4.1. MARKET OVERVIEW

16.4.2. INVESTMENT: MARKET SIZE & FORECAST

16.5. FIRE DETECTION & SUPPRESSION

16.5.1. MARKET OVERVIEW

16.5.2. INVESTMENT: MARKET SIZE & FORECAST

16.6. PHYSICAL SECURITY

16.6.1. MARKET OVERVIEW

16.6.2. INVESTMENT: MARKET SIZE & FORECAST

16.7. DCIM/BMS SOLUTIONS

16.7.1. MARKET OVERVIEW

16.7.2. INVESTMENT: MARKET SIZE & FORECAST

GEOGRAPHY

For a detailed table of contents, click: https://www.arizton.com/market-reports/europe-hyperscale-data-center-market?details=tableOfContents

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We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.         

Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.        

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Blockchain Press Releases

Venom and KuCoin Ventures forge strategic partnership

Published

14 hours ago

May 10, 2024

CISION (PR Newswire)

venom-and-kucoin-ventures-forge-strategic-partnership

ABU DHABI, UAE, May 10, 2024 /PRNewswire/ — Venom, an innovative layer-0 and layer-1 blockchain network capable of hosting projects at massive scale, has continued to expand its offerings, this time forming a strategic partnership with KuCoin Ventures, the investment arm of KuCoin, a leading global crypto exchange.

The partnership follows on the heels of Venom’s launch into mainnet and the listing of the VENOM token on KuCoin.

One of the most anticipated new blockchain projects, the Venom network, has continued to make inroads across the blockchain industry following its launch into mainnet earlier this year. Venom has drawn attention due to its unique capabilities as both a layer-0 and layer-1 blockchain. The network is powered by Mesh technology, which allows it to communicate seamlessly and at great speed with other, independent networks.

Built to be capable of hosting massive platforms and projects, specifically global payment systems and CBDCs, Venom has emerged as one of the most promising new networks, with capabilities that could revolutionize what is possible in global commerce.

Now, the network has put itself in a prime position to further expand and integrate with other blockchain projects by reaching an agreement with KuCoin, one of the industry’s largest exchanges. KuCoin is one of the top-ten cryptocurrency exchanges with a daily trading volume of well over $500 million.

The new partnership would involve Venom receiving investment support for its VENOM token, while also providing enhanced visibility for projects integrated with the Venom blockchain on KuCoin. KuCoin Ventures will also provide support and resources during and after Venom projects on-boarding process.

Reached for comment on the new partnership, Venom Foundation CEO Christopher Louis Tsu had this to say: “This new partnership with KuCoin Ventures, the investment arm of KuCoin exchange, which is one of the industry’s largest and most important exchanges, marks a new chapter for the Venom network. This will open a lot of new doors for Venom and set the stage for collaborative work that will redefine this industry and allow Venom to reach its full potential. We are all very eager to see this come to fruition and what lies ahead for both us and KuCoin Ventures.”

About Venom:
Venom is a cutting-edge layer-0 and layer-1 network, seamlessly communicating and integrating with other independent networks through its innovative Mesh technology. The Venom ecosystem is anchored by a masterchain, which manages the overall network state and consensus, while workchains — an unlimited number of autonomous chains — host user accounts, smart contracts, and decentralized applications. Mesh technology revolutionizes inter-chain communication, optimizing interactions without compromising speed or unparalleled scalability. With a robust technology stack that ensures rapid finality, comprehensive security, stability, and user-friendly interfaces, Venom is the ideal network for hosting CBDCs and other large-scale platforms. Learn more at https://venom.foundation/

About KuCoin:
Launched in September 2017, KuCoin is a leading global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 800 digital assets and currently provides Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 30 million users in more than 200 countries and regions. In 2023, KuCoin was named one of the Best Crypto Exchanges by Forbes and recognized as a highly commended global exchange in Finder’s 2023 Global Cryptocurrency Trading Platform Awards.

Learn more at https://www.kucoin.com.

Contact for Venom foundation:
Email: [email protected]

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Blockchain

Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years

Published

2 days ago

May 9, 2024

Adrienn Sarkany

proposed-us-blockchain-integrity-act-would-ban-crypto-mixers-for-2-years

A new bill introduced in the U.S. House of Representatives, known as the Blockchain Integrity Act, seeks to address concerns surrounding the use of cryptocurrency mixers and tumblers. The proposed legislation aims to regulate these privacy-enhancing tools, which are often used to obscure the origins of cryptocurrency transactions.

The bill, if passed into law, would impose strict regulations on the operation of cryptocurrency mixers and tumblers within the United States. These tools, which allow users to mix their funds with those of other users to obfuscate the transaction trail, have raised concerns among law enforcement agencies and regulators due to their potential use in money laundering, terrorist financing, and other illicit activities.

Under the Blockchain Integrity Act, operators of cryptocurrency mixers and tumblers would be required to register with the Financial Crimes Enforcement Network (FinCEN) and comply with anti-money laundering (AML) and know-your-customer (KYC) regulations. Failure to register or comply with these requirements could result in significant penalties, including fines and imprisonment.

The proposed legislation also seeks to empower law enforcement agencies to investigate and prosecute individuals and entities that operate unregistered cryptocurrency mixers and tumblers. By enhancing regulatory oversight and enforcement capabilities, the bill aims to safeguard the integrity of the blockchain ecosystem and prevent the illicit use of cryptocurrencies.

However, critics argue that the Blockchain Integrity Act could stifle innovation in the cryptocurrency space and infringe on individuals’ privacy rights. They contend that while cryptocurrency mixers and tumblers can be used for illicit purposes, they also serve legitimate privacy-enhancing functions, such as protecting users’ financial privacy and security.

The introduction of the Blockchain Integrity Act reflects growing concerns among policymakers about the potential risks associated with cryptocurrencies and their use in illicit activities. As lawmakers continue to grapple with these issues, it remains to be seen how the regulatory landscape for cryptocurrencies will evolve in the United States and around the world.

Source: cointelegraph.com

The post Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years appeared first on HIPTHER Alerts.

Blockchain

Government-owned KfW elaborates on blockchain digital bond plans

Published

2 days ago

May 9, 2024

Adrienn Sarkany

government-owned-kfw-elaborates-on-blockchain-digital-bond-plans

The government-owned KfW Bank, based in Germany, is delving further into its plans to issue digital bonds leveraging blockchain technology. This move underscores the institution’s commitment to exploring innovative financial solutions in the digital age.

The proposed digital bond issuance is poised to mark a significant milestone for KfW, as it seeks to embrace the transformative potential of blockchain technology. By tokenizing bonds on a blockchain platform, KfW aims to streamline the issuance process, enhance transparency, and optimize operational efficiency.

One of the key advantages of digital bonds lies in their potential to reduce the reliance on intermediaries and streamline the entire bond lifecycle. Through blockchain-based tokenization, KfW aims to automate various aspects of bond management, including interest payments and maturity settlements, thereby reducing the need for manual intervention and minimizing operational costs.

Moreover, digital bonds have the potential to enhance liquidity in the secondary market, allowing investors to trade bonds seamlessly on digital asset exchanges. This increased liquidity could attract a broader range of investors, thereby diversifying KfW’s investor base and potentially lowering borrowing costs.

In addition to the issuance of digital bonds, KfW is also exploring the integration of blockchain technology into other areas of its operations. By leveraging blockchain for various use cases, such as trade finance and supply chain management, KfW aims to unlock new efficiencies and drive greater transparency across its ecosystem.

Overall, KfW’s foray into blockchain-based digital bonds underscores its commitment to innovation and its recognition of the transformative potential of blockchain technology. As the institution continues to explore and implement blockchain solutions, it is poised to stay at the forefront of digital innovation in the financial sector.

Source: ledgerinsights.com

The post Government-owned KfW elaborates on blockchain digital bond plans appeared first on HIPTHER Alerts.

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