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Asset tokenization to reach $2T by 2030 despite ‘cold start’ — McKinsey
24.6.2024
Tokenized financial assets have seen a slow start, and broad adoption is “far away,” but McKinsey analysts predicts some to take off faster than others
McKinsey Report: Tokenization at a Tipping Point, Poised to Transform Financial Markets
22.6.2024
The world of finance is standing on the brink of a transformative era driven by the rising prominence of tokenized assets. According to a recent McKinsey & Company report, tokenization—the process of converting assets into digital tokens on a blockchain—has reached a tipping point, setting...
McKinsey Sees Just $2T of Tokenized RWAs by 2030 in Base Case, With Broad Adoption 'Still Far Away'
21.6.2024
Tokenization adoption will happen in waves led by assets such as mutual funds, bonds, loans, McKinsey said in a report
Study: Generative AI Could Add Trillions to Global Economy
31.7.2023
A new report by McKinsey & Company suggests generative artificial intelligence (AI) technologies could boost global economic output by trillions of dollars annually. The study, titled “The Economic Potential of Generative AI” and published June 14, 2023, analyzes the impact AI tools...
AI automation could take over 50% of today’s work activity by 2045: McKinsey
15.6.2023
Management consulting firm McKinsey & Co believes AI will have the “biggest impact” on high-wage workers
Metaverse to possibly create $5T in value by 2030: McKinsey report
7.1.2023
The success of Metaverse will rely on a greater focus on maximizing the human experience aimed at delivering positive experiences for consumers, end-users, and citizens
'Metaverse’ a top 3 contender for Oxford’s Word of the Year
23.11.2022
Oxford University has opened public voting for the first time with polls set to close on Dec. 2
McKinsey: The Metaverse Could Generate $5 Trillion by 2030 — ‘Simply Too Big to Be Ignored’
20.6.2022
Global consulting firm McKinsey & Company has forecasted that the metaverse may generate up to $5 trillion by 2030. In addition, more than 80% of commerce could be impacted by activities in the metaverse. Metaverse Could Generate $5 Trillion by 2030 Global management consulting firm McKinsey...
Metaverse could be worth $5 trillion by 2030: McKinsey report
16.6.2022
A new report from global consulting firm McKinsey found that the metaverse could be worth $5 trillion by 2030
Report: Traditional Banks in Africa Hold Trust Advantage Over Fintechs
13.11.2021
A recent report by CR2 on Africa’s fintech transformation suggests traditional financial institutions can still be a part of the fintech financial revolution if they leverage one of their most significant assets: client trust. Partnerships Between Banks and Fintechs The report urges...
So, When Will You Be Able To Get A PS5?
17.3.2021
Picture this: You pop into your neighborhood big box store, hoping to buy a PlayStation 5, and it’s just there. It’s on the shelf. You can pay for it, you can leave the store with it, and it’s yours. No need to sit at your desk refreshing browser tabs all day. Sounds pretty nice, right?Read more
McKinsey: Majority of Banks May Not Be Economically Viable
25.10.2019
Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn....
McKinsey Advisor: Blockchain May Kill Off the City of London and NHS
25.10.2019
Blockchain could destroy the entire UK economic system, but smart-contracts are a “bit of a joy,” says a senior McKinsey advisor
McKinsey Finds Three Blockchain Use Cases in Retail Banking
7.6.2019
While it’s understandable to be wary of new and untested territories, “there are a number of areas where [blockchain] could create value for retail banks,” according to major consulting firm McKinsey and Company.
In the June 2019 article they claim that while retail banks have been quick to adopt...
Major Consultancy Firm McKinsey Says Retail Banking Sector Slow to Adopt Blockchain
7.6.2019
Consultancy firm McKinsey has argued that blockchain is gaining slower traction with retail banks due to regulatory hurdles and a conservative consumer environment