One quarter of US jobs could be replaced by robots within the next 5 to 20 years. That is 36 million jobs lost, in the US alone. People need to act now to ensure they adapt to the changes and get skills that are not that easily replaced by machines. The speed of automation will probably increase as the world enters a recession, this is expected to happen in 2020 which mean people urgently need to take action and adapt.
Every stock will be tokenized in 5 years
Patrick Byrne, the founder of Overstock, an online retail business with 1.7 billion USD in annual sales, believe that every stock will be tokenized in 5 years. In November 2017 the chairman of Nasdaq Robert Greifeld predicted that every stock and bond on Wall Street today could be tokenized, one year after we see major movement towards re-inventing how stocks are issued.
Binance is teaming up with the Malta Stock Exchange
Binance, the world's largest crypto exchange by volume, is teaming up with the Malta Stock Exchange (MSX) to enable security token trading on the “blockchain island”.
First bank to launch security tokens
Liechtenstein’s Union Bank AG today announced that it will be the world’s first fully licensed and regulated bank to issue its own security tokens in alignment with Liechtenstein’s regulatory authority FM.