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OKX and Blockworks Research release "The Future of Blockchain Applications: Reshaping Global Industries" report
OKX and Blockworks Research release "The Future of Blockchain Applications: Reshaping Global Industries" report

Malaysian Reserve

time3 days ago

  • Business
  • Malaysian Reserve

OKX and Blockworks Research release "The Future of Blockchain Applications: Reshaping Global Industries" report

SYDNEY, June 6, 2025 /PRNewswire/ — OKX, a leading crypto exchange and global onchain technology company, in partnership with Blockworks Research, a crypto research platform, have announced the release of a report, titled 'The Future of Blockchain Applications: Reshaping Global Industries', which examines how finance, technology, brand and consumer goods, and sports and entertainment will be transformed by blockchain applications in the next 25 years. The report finds that the ongoing development of defined blockchain use cases — cryptocurrencies and stablecoins; real-world asset tokenization; decentralized apps (dApps); wallets and payments — will act as a key disruptor across these vital business sectors. Research indicates that total assets under management of tokenized real-world assets could reach $600 billion by 2030, with 10% of global GDP potentially tokenized and stored on the blockchain by 2027. The report also finds that Artificial Intelligence (AI) and crypto will converge, enabling more effective coding and troubleshooting, with crypto creating strong incentives for AI training and deployments. According to report interviewee and Google Cloud Head of Web3 Strategy Rich Widmann, 'Blockchain is a pressure chamber of innovation…[In 20 years we see a] world where digital intelligence can seamlessly transact in digital forms, enhancing everyday tasks and interactions without the need for traditional devices. This reflects a broader ambition to integrate AI with blockchain for more efficient commerce and agreement codification.' The research findings are based on interviews with industry experts, analysis from OKX and Blockworks Research, desktop research and existing industry surveys and studies. Interview respondents represent leading companies, including: Visa, Standard Chartered, Polygon, Amazon Web Services, Google, Aptos, Manchester City Football Club, McLaren, Franklin Templeton, and others. Kate Cooper (pictured), CEO of OKX Australia, said, 'The OKX-Blockworks Research report highlights how blockchain and tokenisation are transforming industries worldwide, with 10% of global GDP projected to be tokenised by 2027, according to the World Economic Forum. 'Australia is strategically positioned to lead this shift in APAC, thanks to strong retail and institutional interest, including a 719% five-year surge in Self-Managed Super Fund (SMSF) crypto allocations through September 2024. 'With our robust tech infrastructure and a growing role in the APAC digital asset ecosystem, Australia has an opportunity to play a pivotal role in shaping the future of blockchain – particularly if regulatory frameworks continue to evolve to support innovation and investment.' OKX Managing Partner and CMO Haider Rafique, added, 'At OKX, we envision a future where virtually every industry will be reshaped by onchain technology. Our report offers a glimpse into the transformative potential of blockchain, which we believe will fundamentally redefine business models and establish new economic paradigms. We're excited to witness and influence how blockchain technology will revolutionize the way we live, work and conduct business on a global scale.' Blockworks Co-Founder Jason Yanowitz said, 'Working with OKX on this report has been a unique opportunity for us to explore the far-reaching implications of blockchain technology, and we're excited to share how this technology is poised to redefine our global economy. It's an honor to partner with OKX in bringing these insights to light, especially as we observe blockchain revolutionizing business practices, trading paradigms and value creation worldwide.' Key insights by sector Finance – Blockchain applications are reshaping value creation and financial products Institutional investors will continue to allocate capital to digital assets and related products. Further development of trading products and custody services will make it easier for investors to allocate and increase exposure in the years ahead. Stablecoins are primed to alter the global payments landscape. Major firms like Visa are investing money and resources, and today's top stablecoins continue to grow in market capitalization and use. Crypto exchanges will rewire how assets trade in the world – this shift is already underway and has spurred market incumbents to explore innovations such as 24/7 trading hours. Major financial services firms are moving toward a tokenized future. More than two-thirds of financial services interview respondents said they are developing capabilities to support the issuance and servicing of tokenized assets Technology – Infrastructure is transforming onchain Blockchain has changed how software, networks, and data systems are constructed and used. The future of AI will be influenced by blockchain. Startups and developers are exploring how blockchain can decentralize the development of artificial intelligence systems. Privacy and blockchain will improve symbiotically online, enabling users to transact pseudonymously while maintaining control of their personal data. The convergence of blockchain, cloud computing, and AI is underway and could grow into a multi-trillion-dollar opportunity. Brand and consumer goods – Blockchain is enhancing the brand experience Major consumer and luxury brands are poised to tap blockchain's potential. Big box retail operators like Walmart and luxury brands such as LVMH are integrating blockchain to revolutionize supply chain transparency and production processes. Consumer and luxury brands are experimenting with use cases that can reshape their businesses, including digital product passports, luxury-brand NFTs, smart contracts for business practices, and blockchain-based product lifecycle tracking. Consumer and luxury goods are blending the physical and digital for an onchain future, and digital experiences will foster loyalty across different types of consumer businesses. Sports and Entertainment – Blockchain is changing the game and fan experience Sports organizations and teams are leveraging blockchain technology to enhance fan engagement through digital collectibles, team-specific tokens, and unique experiences. Blockchain applications are expected to expand into new areas including metaverse and sports betting. Crypto will allow creators a greater share of — and control over — revenue. This is in stark contrast with today's state of affairs, in which creators in the film, TV, and music industries must share revenue with hosting platforms. Blockchain will reshape the gaming landscape and provide financial incentives to players. Interoperability and the play-to-earn model can create more sustainable funding models for gamers.

Embrace a garden variety of floral prints this season
Embrace a garden variety of floral prints this season

Irish Examiner

time14-05-2025

  • Entertainment
  • Irish Examiner

Embrace a garden variety of floral prints this season

A hothouse for inspiration, florals are the perennial print that blooms anew each summer. This season, embrace a garden variety of blooms for a best-in-show look. From a romantic petal-patterned mini dress to budding accessories, florals remain a timeless summer essential. Main Image: Get The Look: Fashion Bold Florals at Kate Cooper If you want to make a sartorial statement, say it with flowers, as seen at Kate Cooper. #ieloves: Sun Flowers: Fashion Fleurs On A Hoop Earrings, €295, Melissa Curry Let the sun shine through your accessories with these buttercup-yellow hoops, €295, Melissa Curry. Precious Petals: Fashion Petal Mini Dress, €220, Cobbler's Lane Lean into the whimsical vibe of summer with a pretty petal mini dress, €220, Cobbler's Lane. Me Aul Flower: Fashion Silk Ribbon Scarf, €110, Eadach Inspired by Dublin's flower markets, this ribbon scarf is a beautiful nod to the capital, €110, Éadach. Side Ruffle: Fashion Floral Ruffle Sleeve Top, €59.95, Salsa Jeans Embrace full floral flounce with this ruffle-sleeved blouse, €59.95, Salsa Jeans. Pocket Friendly: Fresh Cuts: Fashion Cutwork Floral Trousers, €61, Del Maar X River Island It's the intricate details that make these trousers a cut above the rest, €61, Del Maar X River Island. Bucket List: Fashion Watercolour Themed Bucket Hat, €95, Maje. Put the floral bucket hat at the top of your summer style list, €95, Maje. High Jump: Fashion Floral Jumpsuit, €55.99, Mango Get shorty in a fun and flowery playsuit, €55.99, Mango. Blanket Case: Fashion Floral Padded Jacket, €70, V by Very The Scandi-coded quilted jacket is perfect for staving off the summer chill, €70, V by Very. Some Like It Hot: Fashion Siya Flower Sandal, €44.98, Schuh Hot trot it into balmy summer nights in these sizzling floral heels, €44.98, Schuh. Read More Meet the luxury Irish seaweed brand that is conquering the global market

Hiker Plummets to Her Death at Iconic National Park Waterfall
Hiker Plummets to Her Death at Iconic National Park Waterfall

Yahoo

time28-04-2025

  • Yahoo

Hiker Plummets to Her Death at Iconic National Park Waterfall

A hike through one of Australia's most scenic national parks turned tragic last week when a woman fell more than 260 feet to her death at Mapleton Falls, a popular spot on the Sunshine Coast. Kate Cooper, 36, was hiking near the edge of the towering waterfall on Friday, April 25, when she slipped and fell around 3:30 p.m. local time, according to reports from Sky News. Emergency responders rushed to the scene after multiple calls, but Cooper had suffered catastrophic injuries and was pronounced dead shortly after, the Queensland Ambulance Service confirmed. Cooper's partner, Simon Rosenkranz, shared a heartfelt tribute online: 'Rest in peace, my love. You were one of the most beautiful people I've ever met and made me feel so loved. I'll miss and love you more every day and cherish the memories we made,' according to an Australian outlet. Friends also expressed their regards saying Cooper will be remembered for her warmth, kindness, and sharp sense of humor. Local authorities say Cooper's death is not being treated as suspicious, as reported by 9 News. Unfortunately, her death marks the third fatal fall at a waterfall on the Sunshine Coast so far this year, highlighting the very real dangers that come with exploring the region's rugged beauty. The tragedy has led authorities to post a warning on the Queensland Government's website, stressing the risk of Mapleton Falls : 'Sheer cliffs and slippery rocks near the waterfall are hazardous. Always supervise children, keep to the walking tracks, stay behind safety fences and follow all warning signs to avoid tragedy.'

Woman, 36, Falls More Than 260 Feet to Her Death at Waterfall in Popular National Park: 'One of the Most Beautiful People'
Woman, 36, Falls More Than 260 Feet to Her Death at Waterfall in Popular National Park: 'One of the Most Beautiful People'

Yahoo

time27-04-2025

  • Yahoo

Woman, 36, Falls More Than 260 Feet to Her Death at Waterfall in Popular National Park: 'One of the Most Beautiful People'

A woman fell more than 260 feet to her death while hiking along a waterfall at a popular national park. Kate Cooper, 36, was visiting Mapleton Falls on the Sunshine Coast in Queensland, Australia, on Friday, April 25, when she fell at around 3:30 p.m. local time, according to Sky News. Emergency services were called following multiple reports that a woman had fallen a significant distance, and paramedics stated that Cooper had sustained 'significant, life-threatening injuries." She died at the scene soon after, according to the Queensland Ambulance Service, per Sky News. The outlet reported that an 18-year-old male also sustained non-life-threatening injuries at the scene. He was taken to Nambour Hospital and is reportedly in stable condition. PEOPLE reached out to the Queensland Ambulance Service and Nambour Hospital for comment on Saturday, April 26, but did not receive an immediate response. Related: Man, 40, Falls 200 Feet to His Death While Canyoneering at Zion National Park in Utah According to Australian outlet Cooper's partner, Simon Rosenkranz, shared an emotional tribute to her on social media following her death. 'Rest in peace, my love. You were one of the most beautiful people I've ever met and made me feel so loved,' he wrote. 'I'll miss and love you more every day and cherish the memories we made." Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer​​, from celebrity news to compelling human interest stories. Friends and loved ones commented on the tribute, with one person sharing that Cooper was known for her 'kindness, smiles and jokes.' Queensland Police said that the circumstances surrounding Cooper's death are not being treated as suspicious at this time, per 9 News. Related: Mother Falls to Her Death While Hiking with 3 of Her Children: 'Left the Earth Doing What She Loved' This is the third death to occur at a waterfall on the Sunshine Coast this year, according to Sky News. A warning posted on the Mapleton Falls page of the Queensland Government website states: "Sheer cliffs and slippery rocks near the waterfall are hazardous. Always supervise children, keep to the walking tracks, stay behind safety fences and follow all warning signs to avoid tragedy." Read the original article on People

Woman, 36, Falls More Than 260 Feet to Her Death at Waterfall in Popular National Park: 'One of the Most Beautiful People'
Woman, 36, Falls More Than 260 Feet to Her Death at Waterfall in Popular National Park: 'One of the Most Beautiful People'

Yahoo

time27-04-2025

  • Yahoo

Woman, 36, Falls More Than 260 Feet to Her Death at Waterfall in Popular National Park: 'One of the Most Beautiful People'

A woman fell more than 260 feet to her death while hiking along a waterfall at a popular national park. Kate Cooper, 36, was visiting Mapleton Falls on the Sunshine Coast in Queensland, Australia, on Friday, April 25, when she fell at around 3:30 p.m. local time, according to Sky News. Emergency services were called following multiple reports that a woman had fallen a significant distance, and paramedics stated that Cooper had sustained 'significant, life-threatening injuries." She died at the scene soon after, according to the Queensland Ambulance Service, per Sky News. The outlet reported that an 18-year-old male also sustained non-life-threatening injuries at the scene. He was taken to Nambour Hospital and is reportedly in stable condition. PEOPLE reached out to the Queensland Ambulance Service and Nambour Hospital for comment on Saturday, April 26, but did not receive an immediate response. Related: Man, 40, Falls 200 Feet to His Death While Canyoneering at Zion National Park in Utah According to Australian outlet Cooper's partner, Simon Rosenkranz, shared an emotional tribute to her on social media following her death. 'Rest in peace, my love. You were one of the most beautiful people I've ever met and made me feel so loved,' he wrote. 'I'll miss and love you more every day and cherish the memories we made." Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer​​, from celebrity news to compelling human interest stories. Friends and loved ones commented on the tribute, with one person sharing that Cooper was known for her 'kindness, smiles and jokes.' Queensland Police said that the circumstances surrounding Cooper's death are not being treated as suspicious at this time, per 9 News. Related: Mother Falls to Her Death While Hiking with 3 of Her Children: 'Left the Earth Doing What She Loved' This is the third death to occur at a waterfall on the Sunshine Coast this year, according to Sky News. A warning posted on the Mapleton Falls page of the Queensland Government website states: "Sheer cliffs and slippery rocks near the waterfall are hazardous. Always supervise children, keep to the walking tracks, stay behind safety fences and follow all warning signs to avoid tragedy." Read the original article on People

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