RETURN TO Learn page

Blockchain.com posted $1.5 billion in revenue this year

Blockchain.com posted $1.5 billion in revenue this year

The Central Bank of Sri Lanka (CBSL) frequently issued warnings to people against virtual financial transactions in recent years.

The Sri Lankan banking system feels that virtual currencies, such as virtual currencies, are based on speculation, making them very unpredictable and exposing investors to the jeopardy of losing substantial sums of money.

The Central Bank of Sri Lanka succesfully provided Ajith Nivard Cabraal, the governor of the Sri Lankan cb, with a summary on the completion of the Know-Your-Customer (KYC) proof-of-concept (POC) initiative.

The project took place In july 2019 and ended on June 10, 2021, with the creation and assessment of an interactive application.

In a statement, D. Kumaratunge, the bank’s director of payments and settlements, mentionned:

“We invited software companies to develop a shared KYC POC free of charge, as a national project. The response to join this project, both locally and internationally, has been extremely heartening and we are happy to say that we have finalized selecting suitable applicants to begin development shortly.”

Join the Paris Blockchain Week Summit now to learn more about the industry!

Find more
other contents

Gain access to recurrent updates to help you develop an understanding of the blockchain technology in a practical setting! Should you be interested in NFTs, be sure to check out the Paris NFT Day, and our article on the Metaverse!

4K NFT Marketplace Goes Live
4k is a blockchain-based marketplace focused on luxury goods. The company is looking to solve issues related to the authenticity of physical goods.
Can Smart Contracts exist without Blockchain?
Smart contracts can be used to transfer goods and assets, The blockchain initiates transfers based on criterias established by the Blockchain. A smart contract is a computer software executing contractual agreements between two parties in an irreversible manner.
DeFi Total Value locked reached $236 Billion
Over the previous several months, firms like WonderFi Technologies, have solidified their place in the growing decentralized financial industry.

Don't
Miss Out

Paris Blockchain Week 2022 sold out in advance so we encourage you to buy your ticket early (and you’ll save too!).  2023’s event is shaping up to be bigger and better and with the move to the world’s most renowned museum we don’t want you to be disappointed - no one likes to miss out!

tickets