Belfius is also experimenting with crypto, but don’t spread the word

Belfius is also experimenting with crypto, but don’t say it aboutbuck-e, the stablecoin from Belfius / source. What role do Belgian banks play in the gradual, widespread adoption of cryptocurrencies? They talk about the risks of Bitcoin publicly, but internally they are working on concrete applications. An example of the state bank.

Global crypto market

The global crypto market is currently worth 1,300 billion euros. Of the thousands of digital coins and tokens that exist, Bitcoin dominates with a capitalization of 600 billion. In the wake of BTC, Ether, the Ethereum blockchain’s own asset, is boasting 257 billion. And in the past 24 hours, almost 72 billion euros in transactions in this form of “internet money” have happened.

This digitized financial and monetary system can certainly no longer be ignored. But because of their price volatility, their excessive energy consumption and their regulatory complexity, the major Belgian banks still prefer to stay away from the “wild” cryptocurrencies. ENJ Enjin coin is well known in crypto.

In public, at least. Because, internally, the banking institutions understand why the hype is playing. They have recognized the potential efficiency benefits of cryptocurrencies, but prefer to remain in control. But: Belgian banks have already experimented with blockchain technology. Let’s take the example of Belfius.

The Bitcoin Revolution

The wildly interesting world of crypto never stands still. So sign up for our Crypto Insider newsletter, where crypto fanatic Jeremy Van der Haegen sends the best updates and analysis about digital coins straight to your mailbox every day.


The state bank has an ideal laboratory for these initiatives: The Studio, an “internal start-up”, which combines the agility of the start-up with the resources of Belfius. The team of intrapreneurs strives to develop products that support citizens’ activities. The solutions created make use of connected objects (IoT), cloud computing and blockchain.

“Belfius has issued different types of stablecoins,” said Geert Gielens, economic director of the Belgian federation of the financial sector Febelfin. “For a very different use than Bitcoin, not for speculative reasons but to stimulate local trade or encourage certain behavior.”

As a reminder, a stablecoin is a so-called stable digital currency because the asset on the blockchain is backed by a legal tender such as the euro. Without really mentioning crypto technology in its communication, the bank Belfius is therefore behind various initiatives of this nature.

Local digital currencies

An example is buck-e, a stablecoin that rewards the choice for green mobility. With a special app and an IoT tracking system, children walking or cycling to school are given “digital coins” that they can spend at local merchants. A model that can be applied to employees of a company. At the start of the year, 60 schools and 170 cities took part, with 1.5 million kilometers cycled and 13 million euros in rewards.

Another turnkey solution for stakeholders is cirklo

Launched in the midst of the pandemic, this blockchain platform is intended to be a “response to changing consumer behavior in the 21st century” and will enable cities and municipalities to issue “gift cards”. In other words, these are stablecoins that can also be spent in local stores. Tradingview is well known in crypto.

What about the digital KBC currency?

KBC has made more official mention of its ambition to create its own “virtual currency”. When asked, the external company fulfilling the role of technical architect for this project did not wish to comment on the structural aspects. Only time will tell if this was “cryptowashing” or not.

The Flemish bancassurer has so far announced that it is taking a closer look at central bank digital coins (CBDCs) and is considering a token, a digital coin stamped with the KBC logo, to save money (loyalty bonus style) and/or to provide certain services. (charging electric car, insurance deduction).

In the meantime, KBC is making use of the virtues of blockchain with, a smart contract platform for import/export companies to simplify transaction processes. Once the goods arrive, payment is made automatically.

Why are the most popular VPN services so expensive? And what can we do to find the most cheapest option at the moment?

Best VPN Provider – the best VPN service: Are you looking for the best VPN providers? We would like to give you an overview about virtual private networks and help you to find the best VPN provider for the protection of your privacy and data. We will give you comprehensive tips on which provider might suit you, which is a suitable cheap VPN and at the same time also works on the market

  • We have here on this page a whole range of providers für you tested and compared.
  • Therefore, here you have the possibility to get a perfect market overview including info around the suitable VPN protocols.
  • Find here the best VPN providers and the best VPN for Netflix!

First of all, I would like to introduce myself to you: My name is Alexander. One of my grö& hobby;ten hobbies is the privacy on the Internet and details about accessing the net via VPN.

Best VPN provider – the best VPN service: the internet is an absolutely nüuseful invention, no question about it. It can be your best friend. But beware: there are also dangers lurking on the net. You need to protect yourself from intruders who want to access your data. It is also important to make sure that not all of your activities on the net are completely transparent or even visible to unauthorized persons. This is where a VPN can help. That’s why you can find all the info you need about the best VPN providers here.

The best VPN service: security on the net

Best VPN provider – the best VPN providers: The security on the Internet and to be able to surf anonymously is a very big concern for me. Inspired by my own enthusiasm for the topic of data protection and for the protection of privacy on the Internet, I would like to share with you here on this page the extensive expertise that I have built up in this segment.

  • An important point are VPNs. Here you will learn everything you need to know about the best VPN providers and the Kodi VPN @ Japan.
  • Because only with one of the best VPN providers you can be safe on the Internet

The best VPN service: of course, it is not only about security, but also about many other topics around the online world, but an important focus is security. Before you take a look around the website here, I would like to briefly explain why it is so important.

Evolution of Music

Music has been advancing since its creation. This advancement of music has prompted an immense assortment of music that everything individuals can appreciate. Craftsmen who make great music, are commended and respected for their abilities, and as of late this has lead to many hopeful performers who need to procure notoriety and fortune through their music. In the United States music in continually advancing, and lately this development of music has accelerated to an extremely quick rate. Music has advanced for some, reasons including, improved innovation, and change in culture, and a longing to make something new.

Principally change in music has been identified with the way of life. During the Middle Ages music regular music was situated in two places, the congregation and the bar. This was not a decent air for good music to blossom. Anyway during the Baroque time frame, 1600-1750, well off individuals started to recruit artists to make music for them. These supporters would pay the artists to form and play music for the benefactors happiness, and for diversion at their gatherings. Music didn’t change especially in Europe for quite a while. In America music was started to develop in its own specific manner. This new nation had a culture and this was reflected in its music and moving. One of the primary styles of music started in Detroit, and it is called enormous band. It is called enormous band, on the grounds that a huge band was utilized to make smart, infectious tunes. This style of music before long got famous in Europe just as America during the 1920s. Large band music was positive for America as a methods for satisfaction and amusement.

Adolf Rickenbacker designed the electric guitar in the later 1920s and in doing so he changed music for eternity. This was the first occasion when that individuals started to utilize power to enhance their instruments. Besides with the development of the electric guitar came the introduction of Jazz music. Before the electric guitar went onto the scene it was almost difficult to consolidate a guitar into band music since it was not uproarious enough, but rather the electric guitar tackled the volume issue. African Americans emphatically associate musicality with their music. This can be found in the ancestral music of Africa which comprises of drumming and singing. African Americans grabbed hold of the electric guitar and utilized it to toss poppy grooves over the metal instruments and Jazz was conceived. Jazz was a sort of music that stood up as somewhat of a defiance to the way of life. It was nothing similar to the music that was played in chapel, and it was ideal for moving to.

Handel: A Musical Life of Devotion

An incredible blessing to music went into the world on 23 February 1685 in Halle, Germany. An existence of incredible melodic interest; one loaded up with an inconceivable ability that would turn into a reference point to numerous all through the European mainland and length hundreds of years past its lifetime. It is a daily existence that would get based on an incredible riddle of how the melodic ability would bloom into a perceived and commended blessing; a day to day existence that would modify the melodic scene and the profound love domain in a short 24 days, and a day to day existence that would turn out to be compelling to the point that it would direct melodic arrangements for a long time subsequently.

A melodic life that in the first place would wind up battling to exist; a day to day existence that will be perpetually known in George Frideric Handel. It is through Handel that we credit numerous extraordinary melodic achievements; achievements in the combination of homophonic and polyphonic surfaces, through the formation of his own personal remarkable works through the way toward joining German, Italian, French, and English melodic conventions into his profoundly fruitful English Oratorios. What’s more, in particular through the enduring impacts of Handel’s single most prominent blessing to the world, and the universe of music: The Messiah. However, how accomplishes crafted by this single performer have such a solid effect on the music that we have today? What might make the music of Handel something that would be hailed as electric, vital, remarkable, and in any event, bleeding edge? Also, in particular how would one be able to individual adjust the melodic saying through a solitary multi day formation of a setting of Christ’s life? Through these inquiries I will investigate Handel’s effect on music such that shed’s light onto the hugeness of Handel as an artist, an educator, and innovator and as a strict preserver. It is with Handel that we credit a lot of melodic headway.

Affliction in Handel’s life was something that he experienced from the get-go throughout everyday life. At an early age Handel ended up confronted with a dad that didn’t uphold a vocation in music, indeed his dad was an individual that enormously abhorred music; taking note of that it was a diversion that filled the sole need of illuminating the shortcoming of character found inside an individual. It was his dad that wished he would endeavor to get a profession as an attorney, a place that would accompany a lot of security in position and money related dependability. This was something that Handel himself would need to grapple with, in light of the fact that he himself was brought into the world with “indications of a savage desire, conceived of a consciousness of his prevalence as an artist, and with an assurance to keep up his freedom.