In recent years, the population of high‐net‐worth individuals (HNWIs) – individuals with liquid assets of at least 1 million USD – has grown steadily, averaging 6 per cent growth per year between 2014 and 2020, and reaching 22.5 million HNWIs […]
In recent years, a new trend has emerged in the world of finance: asset tokenization. This technology promises to revolutionise how assets are bought, sold, and traded. Asset tokenization is converting physical assets into digital tokens on a blockchain network. […]
An excerpt from Step Journal Issue 1 – 2023, authored by Ross Belhomme TEP (Consultant at Deltec Bank & Trust | Chair of STEP‘s Digital Assets Special Interest Group)
Blockchain technology is a game-changing phenomenon that has disrupted multiple industries by enabling safe, decentralised solutions for diverse transactions and operations. Implementing smart contracts is one of the most prominent uses of blockchain technology. A smart contract is a self-executing […]
We need to take a step back to understand blockchain oracles and why they are created. Oracles are problem solvers for many smart contracts launched on blockchains. But what is a smart contract, and what problem do oracles need to […]
Deltec Bank and Trust Announces Key Appointments in Private Banking, Risk & Compliance, Technology and Operations to Bolster Private and Corporate Banking Offerings Appointments support Deltec Bank and Trust’s growth, providing tailored financial solutions for entrepreneurs, nomads and innovators through […]
Decentralised finance (DeFi) is rapidly revolutionising the financial industry by offering innovative financial products and services that are decentralised, transparent, and accessible to everyone. DeFi operates on blockchain technology and allows individuals to take control of their finances without intermediaries. […]
According to a report by Allied Market Research, the global blockchain technology market was valued at $3 billion in 2020 and is expected to grow to $39.7 billion by 2025. Similarly, the AI market is projected to grow to $190 […]
What drives the wealth and private advisory industry in the Bahamas, and what is next for this jurisdiction in a turbulent world? In this webinar hosted by The Bahamas Financial Services Board, Paul Winder (Deltec Bank) elaborated on what makes The Bahamas […]
In cryptocurrency, staking has become an increasingly popular way for investors to earn passive income. However, a new concept has emerged that takes staking to the next level: liquid staking. This innovative approach can potentially revolutionise the staking landscape and […]
