2020 Predictions — how did we do?

Here is a list of the various predictions we made in January 2020 and the results one year on.1. With global debt at over $255 trillion, individuals, companies, and governments are massively leveraged as economies slow. Repayments become a challenge since governments cannot cut interest rates very much to stimulate economic growth. Look out for more bonds to be issued using Blockchain Technology.Correct: We did indeed see Blockchain-powered platforms being used to issue bonds e.g. in Thailand.2. Decline of the US$ and rise of Digital Currencies — geopolitical tensions mean an increased number of countries prefer to not use the US$ as a reserve currency. 2001 US$ accounted for 71% of banks reserves by in 2018 these had fallen to 62%. They accounted for Euro 20% Yen 5.2% Sterling 4.4%Renminbi of central bank reserves. The previous governor of the Bank of England, Mark Carney, predicted Digital Currency as a de-facto reserve describing it as a “synthetic hegemonic currency.”Correct: The Invesco Deutsche Bank ETF (which represents a basket of currencies against the US$) reveals the fall in the $ over 2020.Source:etfdb.com3. Custody providers for Digital Assets (Fidelity, BNY Mellon, Northern Trust) needed to encourage institutions into Digital Assets in order to create and buy digital products. Look at BBVA, which has been issuing bonds on a Blockchain platform and sell 60% online. There is already now a tie-up with Amazon — look to see them selling more digital products online.Correct: We have seen a number of well-known providers of custody services, as well as some new organisations, offer custody of Digital Assets e.g., BBVA, Northern Trust Standard Chartered, and Copper.4. Digital share classes of assets, property, creating access for smaller investors offering different types of returns e.g., Shard, IP, Art and TPX (a new company coming to the market https://www.tpx-london.io)Correct: We…