Blockchain
Data reveals Slovenia is home to the most crypto enthusiasts worldwide
Research has revealed the countries showing the highest interest levels in cryptocurrencies.
The study by Marketplace Fairness analyzed the volume of searches relating to ten cryptocurrencies, cryptocurrency exchanges, and blockchain platforms, to establish the countries where cryptocurrency enthusiasm is highest worldwide.
Slovenia is the country with the most intense interest in cryptocurrencies. Here, the two most popular cryptos, Bitcoin and Ethereum, were subject to a combined monthly search volume of over 118,000. With the total of the analyzed search terms coming to over 131,000 monthly searches, and compared against the country’s population of around 2.1 million, it reveals that Slovenians searched at a rate of 6,195 per 100,000 residents – the highest of all the countries that were measured.
Ireland comes in as the second most crypto-obsessed country, notably with bitcoin alone being the subject of a monthly search volume close to 150,000. With the country’s population of five million considered, the Irish searched the analyzed terms over 210,000 times monthly, at a rate of 4,193 per 100,000.
In third the United States boasts the largest sheer number of searches for these cryptos. Bitcoin received an average monthly search volume of almost 10 million while ethereum received close to 1.2 million monthly searches. The enormous grand total of searches in the US reached 12,734,750 which equates to 3,715 monthly searches per 100,000 residents.
Estonia is the fourth most crypto-keen country with bitcoin receiving a search volume exceeding 36,000 monthly. This contributed to a total search volume of approximately 48,000 which comes in as 3,626 per 100,000 Estonians.
In fifth and sixth respectively, Bermuda and Canada have very similar average per 100,000 search volumes of 3,402, and 3,373. In both of these countries, as with most, the two largest search volumes were for bitcoin and ethereum.
Australia shows the seventh highest interest level with searches for bitcoin exceeding 610,000 monthly, and those for ethereum nearing 100,000. The total average monthly searches for the analyzed cryptocurrencies, exchanges, and blockchain platforms came in at 882,500, or 3,331 per 100,000 residents.
The United Kingdom expressed the eighth-highest interest in crypto with its average search volume for the analyzed terms coming in at a huge 2,211,380. While this is the second largest sheer figure, per 100,000 residents, the UK searched at a monthly rate of 3,277.
Finland and Luxembourg make the final two top ten spots. Total monthly searches in these countries came to 2,994, and 2,981 per 100,000, respectively.
Country | Total ave. monthly search volume | Searches per 100k | Rank |
Slovenia | 131,320 | 6195.29 | 1 |
Ireland | 212,290 | 4192.6 | 2 |
United States | 12,734,750 | 3741.77 | 3 |
Estonia | 47,950 | 3626.61 | 4 |
Bermuda | 2,180 | 3402.58 | 5 |
Canada | 1,310,040 | 3372.67 | 6 |
Australia | 882,500 | 3331.67 | 7 |
United Kingdom | 2,221,380 | 3277.37 | 8 |
Finland | 166,060 | 2994.19 | 9 |
Luxembourg | 19,560 | 2981.93 | 10 |
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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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