Charles Brett’s Blockchain Catch-up Week 40 (2021)

By October 11, 2021DeFi
Click here to view original web page at www.enterprisetimes.co.uk

This is Charles Brett’s start-of-the-week Enterprise Times ‘blockchain catch-up’ Week 40. Necessarily it is idiosyncratic and selective.

It is not intended to be comprehensive but does seek to highlight ‘Quick Takes’ on specific developments as well interesting pieces to read, a listing of some (not all) announcements/press releases and pointers to upcoming events.

Quick Takes – Charles Brett’s Blockchain Catch-up Week 40

Deutsche Börse to launch ‘next-generation digital post-trade platform’

Deutsche Börse says it plans to launch a regulatory compliant, fully digital post-trade platform called D7. It will anchor D7 within the recently introduced German digital securities law framework.

The cloud-backed and DLT-ready D7 platform will enable market participants to digitise financial products with continuing access to both existing central and distributed infrastructures and markets. The D7 platform should, therefore, pave way for same-day-issuance and paperless, automated straight-through processing for the entire value chain for digital securities of:

  • issuance
  • custody
  • settlement
  • payment
  • asset servicing.

Quick Take: according to Deutsche Börse, from mid-2022, >80% of German securities will be digitisable via D7. It believes this will foster digitisation of both German and European financial markets because D7 complements Deutsche Börse’s established “7 Market Technology” infrastructure portfolio.

When blockchain makes it into critical infrastructure intermediaries – whether as here in finance or in trade or … – then progress is happening. Learn more about D7 here, or see below.

US DoJ announces national cryptocurrency enforcement team

Deputy Attorney General Lisa O. Monaco has announced the creation of a (US) National Cryptocurrency Enforcement Team (NCET), to tackle complex investigations and prosecutions of criminal misuses of cryptocurrency, particularly crimes committed by virtual currency exchanges, mixing and tumbling services, and money laundering infrastructure actors.

Under the supervision of Assistant Attorney General Kenneth A. Polite Jr., the NCET will combine the expertise of the Department of Justice Criminal Division’s Money Laundering and Asset Recovery Section (MLARS), Computer Crime and Intellectual Property Section (CCIPS) and other sections in the division, with experts detailed from U.S. Attorneys’ Offices. The team will also assist in tracing and recovery of assets lost to fraud and extortion, including cryptocurrency payments to ransomware groups.

Quick Take: about time. How long will it take other justice ‘systems/countries’ to follow suit?

7 pieces to read – Charles Brett’s Blockchain Catch-up Week 40

Selected announcements/press releases/opinions – Charles Brett’s Blockchain Catch-up Week 40

  • A (crypto) tale of two (capitol) cities: Beijing and Washington grapple with a growing industry in their own unique fashions (opinion)
  • Texas poised to be a world leader in Bitcoin and blockchain (opinion)
  • Open Rights Exchange (ORE) to IDO through the OccamRazer Launchpad (announcement)
  • Algorand launches virtual machine to increase smart contract capabilities (announcement)
  • Bancambios chooses Solana Blockchain to build its impact-driven DeFi platform (announcement)
  • USDC is the latest asset to be added to Umbria’s cross-chain Narni Bridge (announcement)
  • Aviation Blockchain Market to Garner $1.15 Billion by 2030 (report)
  • Blockchain fades into the background, where it belongs — and can deliver (report)
  • Master the blockchain with 40% off these FinTech training classes (education)
  • Want to study crypto? Top 20 universities for blockchain (education).

Selected upcoming events

  • Digital Assets Week (October 18th-22nd, 2021)
  • Crypto Valley Conference (October 28-29th, 2021; Rotkreuz, Switzerland)
  • LA Blockchain Summit (November 2nd-3rd, 2021)
  • Blockchain Conference/Blockchain Expo Europe 2021 (November 23rd-24th, 2021)
  • Blockchance Europe 2021 (December 8th-10th, 2021 – was July 7th-9th, 2021)
  • Crypto Finance Conference (San Moritz, January, 2022)
  • Bitcoin 2022 (6th-9th April, 2022).

According to Subrah Iyar, a leader and legend in the enterprise software space, the biggest challenge business is the growing importance of digital experiences.

Consumers’ expectations have gone digital, and there’s no turning back,” Iyar said. “Businesses need to adopt digital solutions to keep customers satisfied and continue growing their businesses.”

When it comes to how to handle this change, most enterprises already have the key resource that enables consumers to interact with them digitally and on demand: content.

But unluckily, most enterprises don’t have what it takes to manage this key resource.

That’s where modern CMS architecture comes in.

What is Modern CMS Architecture?

It all began with the traditional content management system (CMS). A software platform that combines content creation and management with control of the entire website experience. And these monolithic CMSs worked swimmingly… for a while.

Today, the world is full of exciting new content distribution channels that legacy CMS platforms simply can’t accommodate. The painful truth is that traditional CMS and the organisations that use them are in dire need of transforming to a modern CMS built on MACH principles.

MACH technology is based on microservices, connected via application programming interface (API) technology, stored, and delivered via the cloud, and built on headless architecture.

There is also headless CMS, that removes the “head” or the presentation layer from the traditional CMS structure. This allows developers to build any experience they like with whatever language is best. It makes whatever technical changes necessary without ever disrupting the presentation layer where consumers are interacting with the content. And at the same time, this modular structure empowers marketing users to easily create and publish content.

In addition, the flexibility of headless CMS means almost any content optimisation tool, consumer data platform, can be plugged in. That means content can be quickly and accurately reoptimised and republished to serve every channel, audience, and experience.

It’s these principles and structure that make MACH, headless CMS platforms the key foundational element of modern CMS architecture.

There are several reasons driving the adoption of modern, headless CMS architectures.

1. Efficiency in the creation of digital content

Content supports all marketing efforts, from social media messaging to articles, localised websites, smartwatch application notifications, personalised emails, and beyond.

It is content that provides the consistent, contextual, and effortless experiences with which consumers interact wherever and whenever they seek information or goods from your enterprise. This is what makes content the heart of the digital experience. It therefore makes the CMS architecture you use to manage it, integral to your success.

2. Infinite opportunities to update customer experience

An inherent advantage of decoupling the front and back-end with headless CMS architecture is that each can be changed without negatively affecting the other.

This enables businesses to completely transform the content presentation—and therefore the customer’s experience—without limitations. At the same time, IT professionals are empowered to transform the underlying technology at any time. Adopting the latest languages and distribution channels to keep consumers engaged.

3. Transformation with modern content architecture

Content architecture is the process of naming all the little pieces that build great content — the text, the graphics, the links, and more. For enterprise businesses, it’s important to have a modern and effective content architecture process. So that each carefully crafted content element can be tracked down and used to its fullest potential.

Headless CMS architecture lends itself to building a great process because of its modular architecture that enables individual pieces of content to be stored, labelled, searched, and used repeatedly.

4. Excellence in tomorrow’s market

Developers who are restricted to maintaining traditional, legacy CMS software do just that: maintain. They aren’t empowered to explore and implement cutting-edge technology. This keeps enterprise companies from innovating and causes them to fall behind competitors in the marketplace.

With decoupled CMS architecture, however, businesses are prepared for whatever new consumer experiences and expectations tomorrow may bring. Headless CMS architecture helps organisations future-proof their tech stacks by connecting carefully planned decoupled components via API so that they can be moved or changed as needed.

5. Increased Productivity

Those who work with content can spend an obscene amount of time on completely non-productive work like tracking down the latest draft. Reworking copy for each channel, and worst of all, toggling back and forth between various publishing platforms. But it does not have to be this way.

Headless CMS architecture presents content in a single, centralised, and often responsive platform. From here, all optimisation, personalisation, publishing, and other tasks can take place. And with many of today’s leading headless CMSs providing content management features like approval workflows, versioning, access controls, and more. Content teams can become more productive through collaboration without the fear of over-writing or wasting time accidentally re-making vital marketing assets.

6. Taking the stress out of iteration and improvements

With headless CMS architecture, development teams can iterate and improve upon existing technology without worrying they may take down the entire content experience at any time. Likewise, headless CMS enables marketing teams to launch messaging improvements. Or even try out new channels without laying a finger on existing campaigns that are working well.

These features empower organisations to move swiftly to take advantage of new opportunities and keep up with changing consumer desires.

7. Achieve both consistency and personalisation

Today’s connected consumers want two things above all else: consistency and personalisation. In fact, most customers expect consistent levels of service across brand experiences. Recent research has found that 71% express frustration when their experience feels impersonal.

Headless CMS meets these demands by allowing brands to optimise and distribute consistent messaging across channels. Furthermore, allowing marketers to plug in cutting-edge content personalisation tools. Brands that create this flawless, personalised omnichannel experience for consumers can expect increased loyalty and advocacy in return.

Conclusion

Modern business is by default, digital. Which means that successful modern business thinking needs to put digital technologies at the heart of change. Especially when it comes to content and the digital customer experience.

ContentstackⓇ – the pioneering Agile Content Management System (CMS) – empowers marketers and developers to collaborate around content like never before. Together, they can orchestrate superior customer journeys and deliver dynamic digital experiences across channels, audiences, brands, and regions.

Famous for its Care Without Compromise™, Contentstack has the industry’s highest customer satisfaction. As a founder of the MACH Alliance, Contentstack advocates for open and composable technology that is Microservices-based, API-first, Cloud-native, and Headless. Learn more at www.contentstack.com.

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