每日英語跟讀 Ep.K266: About cryptocurrency - From crypto to COVID: Why auction prices are rocketing
From Albert Einstein’s notes to a record-breaking Frida Kahlo to a 6.6-million-euro triceratops—auction houses have lately seen a string of record-breaking items going under the hammer and through the roof.
Market watcher Artprice credits a transition to online sales for sparking new levels of interest, particularly in the US and Asia.
"The auction houses were very behind the times. But Covid forced them to modernise and the result is that online sales have been spectacular and have attracted a new audience," said Artprice founder Thierry Ehrmann.
Bitcoin or not, blockchain is here to stay 比特幣要不要，區塊鏈前景光明
Current systems within the banking industry, in particular, are certainly archaic and in need of a significant revamp. Bitcoin’s success which based on the blockchain technology could not have come at a better time.
UBS CEO Sergio Ermotti, with UBS having already entered into a partnership with IBM to use blockchain technology for global trade transactions. Ermotti has said that he believes that there is a future for blockchain technology and that it will play a big role in changing and reshaping the industry. Other banks that have also joined the partnership include Commerzbank, Bank of Montreal, CaixaBank and Erste Group according to IBM.
More banks recently joined the IBM project named Batavia and blockchain technology. The project is expected to completely transform trade finance, which to this day continues to be largely paper-based, resulting in significant lag times for receipt of goods and payment.
It’s not just the financial institutions who are moving into the blockchain world, with central banks also exploring the technology. News hit the wires at the end of last week as the Cyprus Securities and Exchange Commission beginning to test the technology.