RWA Treasuries (Sharpe 1.0-1.3 | Volatility 2-3%). Asset representing the tokenization of U.S. Treasury bills (e.g., BUIDL, OUSG).
The high Sharpe ratio (1.0-1.3) with negligible volatility (2-3%) makes it the ideal foundation for "Cash-and-Carry" strategies and collateral for HFT strategies. On-Chain Infrastructure and Regulation: The integration of the BIS (tokenization on a unified ledger)…
Digitalisation
Un quartier peut générer du G.A.V. par la densité de publicités anxiogènes, le bruit, la pollution, l'insécurité perçue, un manque d'espaces verts et une connectivité excessive. À l'inverse, un quartier « anti-GAV » propose des zones de silence, de nature et de convivialité, réduisant les stimulations négatives.
Les nouveaux indices GAV pour Scoregex incluent l’IGE…
The three initial theses are maintained, but with increased robustness:
Quality of Big Tech Profits: The non-economic share of the aggregate net profit of the five largest tech companies is estimated at 42% in the central scenario (range 35–52%), instead of the single point estimate of 48%. The revision accounts for the sensitivity of…
mBridge is a multi-CBDC (wholesale) platform for cross-border payments and foreign exchange settlements in central bank digital currencies. Originating from Project Inthanon-LionRock (HKMA + Bank of Thailand, 2019), it expanded in 2021 with the Digital Currency Institute of the PBoC and the Central Bank of the UAE, coordinated by the BIS Innovation Hub Hong Kong.…
Starlink Direct-to-Cell (also called Starlink Mobile or D2C/DTC) is SpaceX’s satellite-to-smartphone service that lets ordinary, unmodified 4G/LTE phones connect directly to Starlink satellites for basic connectivity in areas without terrestrial cell coverage.
As of August 2026, the Direct-to-Cell service has been live since July 2025, commercially launched with T-Mobile in the US. Its constellation comprises…
https://www.steelldy-indices.com
Executive Summary
The semiconductor memory sector has undergone a dramatic correction over the past eighteen months, wiping out more than $200 billion in total market capitalization. This massive erosion of valuations has been driven by a combination of macroeconomic factors, traditional cyclical fears, and growing doubts about the sustainability of artificial intelligence demand. However,…
https://scoregex.streamlit.app
Swiss FINMA classifies tokens into three categories: payment tokens, utility tokens, and asset tokens.
A utility Data Token that does not grant rights to a financial underlying is a utility token not subject to the Stock Exchange Act (LBVM).
Switzerland has historically been favorable to blockchain innovation (Crypto Valley). Liechtenstein, with the Token and…
1.1 Direct Ownership Tokens
1.1.1 On-chain Representation of Carbon Credits Held in Custody by the Investor
Direct ownership tokens constitute the most fundamental form of carbon credit tokenization, representing a digital claim on a physical carbon credit held in custody by an accredited custodian. This structure ensures a one-to-one correspondence between the issued token and…
Abstract
The emergence of artificial intelligence as a transformative economic force has catalyzed an unprecedented surge in demand for semiconductor components, creating a phenomenon economists are beginning to term "chipflation." This technical analysis examines the multifaceted impact of AI-driven chip demand on global inflation, market dynamics, and investment opportunities across the semiconductor ecosystem. Through quantitative…
Carbon Credit Market