Will the dominance of the dollar give way to a multipolar system of currencies?

In the wake of an invasion that drew international condemnation, Russian officials panicked that their dollar-denominated assets within America’s reach were at risk of abrupt confiscation, sending them scrambling for alternatives. The invasion in question did not take place in 2022, or even 2014, but in 1956, when Soviet tanks rolled into Hungary. 

This event is often regarded as one of the factors that helped kick-start the eurodollar market—a network of dollar-denominated deposits held outside America and usually beyond the direct reach of its banking regulators.

The irony is that the desire to keep dollars outside America only reinforced the greenback’s muscle.

In the wake of the Russian invasion of the Ukraine the new outbreak of financial conflict through sanctions has raised the question of whether the dollar’s dominance has been tarnished, and whether a multipolar currency system will rise instead, with the Chinese yuan playing a bigger role.

Read the full article on The Economist HERE. 

How to design Buy Now Pay Later

What to get right when designing BNPL. Five design principles to keep in mind, surfacing relevant examples from Pulse while providing their very own design solution.

Why Global Supply Chains May Never Be the Same

Every day, millions of sailors, truck drivers, longshoremen, warehouse workers and delivery drivers keep mountains of goods moving into stores and homes to meet consumers’ increasing expectations of convenience. But this complex movement of goods underpinning the global economy is far more vulnerable than many imagined.

Watch this WSJ Documentary.

A Complete Guide To The Corporate Metaverse

Ever since Facebook’s rebranding to Meta, forward-thinking entrepreneurs have been wondering whether they can use the metaverse for business. Not surprisingly, an array of tech vendors are now adding metaverse development services to their portfolio, looking to cement their place in the emerging technology market and help their clients ride the wave of the metaverse hype.

But what is the metaverse exactly? How does the metaverse work? Most importantly, what are the metaverse business opportunities? Find that out HERE!

Top Blockchain trends

2022 is shaping up to be an exciting year for the blockchain industry. 

There are a number of developments in the use of the blockchain such as the growth of blockchain gaming, central bank digital currencies (CBDC's), the mataverse and entertainment, and NFTs. 

All of these point to transformation for the blockchain landscape, which should boost the use of this technological concept across the board. There is a lot that inventors and others should consider as the blockchain continues to be more involved in daily life.

Find out more HERE.

Biden’s executive order - Did it boost Bitcoin, Ethereum, and other cryptocurrency prices?

Did President Biden’s recent executive order regarding the responsible development of digital assets really boost the price of Bitcoin, Ethereum, and other cryptocurrencies?

And do Americans really want cryptocurrency from their banks?

To find out the answer to these questions and more, 
read Ron Shevlin's article in Forbes HERE.

Data Modernization in Banking - A New Urgency

Financial institutions have come to the realization that legacy mainframe databases are ill-equipped to meet the demands of digital banking, personalization, and real-time analytics. As a result, more banks and credit unions are actively pursuing data modernization initiatives. The goal for these changes is faster access to data, scalability and seamless integration across the organization, all of which form the foundation for digital banking transformation.

Get all the details HERE.