Cambridge Centre for Alternative Finance Launches Digital Assets Research Project With 16 Banks
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Cambridge Centre for Alternative Finance Launches Digital Assets Research Project With 16 Banks

THELOGICALINDIAN - On Tuesday Cambridge Centre for Alternative Finance CCAF at Cambridge Judge Business School appear a new analysis action focused on the growing agenda asset ecosystem According to CCAF the anew launched collaborative accomplishment involves 16 banking institutions such as the Bank for International Settlements BIS Accenture EY Goldman Sachs and more

CCAF Launches 2-Year Research Effort Focused on the Digital Asset Ecosystem

Since 2015, the alignment CCAF has been committed to the abstraction of technology-enabled and avant-garde instruments such as cryptocurrencies. To date, CCAF has appear over 40 industry and authoritative letters that awning the growing crypto ecosystem. Additionally, CCAF is accepted for publishing the Cambridge Bitcoin Electricity Consumption Index (CBECI) and CBECI bitcoin mining map. This week, CCAF has revealed a new analysis action alleged Cambridge Digital Assets Programme (CDAP), which will be committed to the cryptocurrency mural and will absorb an antecedent two years of research.

“CCAF at Cambridge Judge Business School today appear the barrage of the Cambridge Digital Assets Programme (CDAP), a analysis action in accord with 16 arch banks, accessible area agencies, and clandestine organisations to afford ablaze on the accelerated digitisation of assets and amount alteration systems,” the advertisement on Tuesday notes. The CCAF advertisement adds:

16 Prominent Financial Institutions Join the CDAP Initiative

CDAP’s collaborative accomplice account includes the International Monetary Fund (IMF), Invesco, London Stock Exchange Group (LSEG), Mastercard, MSCI, Visa, World Bank, Accenture, BIS, Fidelity, EY, Dubai International Financial Centre (DIFC), British International Investment (BII), UK Foreign, Inter-American Development Bank (IDB), Commonwealth & Development Office (FCDO), and Goldman Sachs. The affairs will body on absolute accoutrement like the CBECI apparatus and the organization’s Global Crypto Asset Benchmarking Study series.

“The growing acceptance of agenda assets more blurs the curve amid roles, responsibilities and applicative rules, addition the boundaries of abiding institutional arrangements,” Bryan Zhang, controlling administrator at CCAF said in a statement. “The Cambridge Agenda Assets Programme that we are ablution today aims to accommodated the consistent charge for greater accuracy by accouterment data-driven insights through collaborative analysis involving accessible and clandestine area stakeholders.”

What do you anticipate about the anew launched CCAF action Cambridge Digital Assets Programme (CDAP)? Let us apperceive what you anticipate about this accountable in the comments area below.

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