Blockchain Basics for FIX is a practical primer co-published by QUBIC Labs and the FIX Trading Community for finance professionals who know markets deeply but are newer to digital assets. Rather than explaining blockchain on its own terms, it translates the concepts into vocabulary FIX members already use – finality as trade confirmation, atomic settlement as DVP, wallets as custody accounts – and walks through what changes across trading, operations, risk, and compliance.

QUBIC Labs is proud to share the final report on our R&D Innovation Program—an ambitious initiative that helped establish a venture-grade digital infrastructure engine in Massachusetts. Over a three-year period, this program created 244 jobs, supported 25 companies, and catalyzed over $32 million in external funding, all while building a global innovation pipeline and expanding our strategic network of capital, mentors, and partners.

This Impact and Value Creation Report from 2019 to 2024, showcases QUBIC labs’ work building the future of digital infrastructure in the Greater Boston area.

The QUBIC Labs Impact Report is a retrospective from 2019 to 2024, showcasing our work advancing entrepreneurship and innovation in the Greater Boston area. A truly global effort with local impact, headquartered right in Quincy, Massachusetts.

Concerning anti-corruption, former Secretary-General of the Organization for Economic Cooperation and Develop- ment (OECD) Angel Gurría said “Integrity, transparency and the fight against corruption have to be part of the (mem- ber country) culture. They have to be thought of as fundamental values.”1 Up until 2009, we had to rely upon humans to instill Gurría’s fundamental values. Now, a revolutionary technology call blockchain along with the applications it supports substitutes human oversight with computer code making fundamental values incorruptible by human interference.

Thirteen years into Bitcoin’s existence, numerous entities including federal agencies, elected politicians, and investment banks have confirmed the cryptocurrency’s status as a store of value. As of early November 2021, Bitcoin’s lifetime compound annual growth rate stood at 146%.

One sector which could benefit from the early adoption of Bitcoin payments is the not-for-profit industry. Key nonprofit benefits include more efficient donation collection methods, Bitcoin tax advantages (to both nonprofits and donors), and an increase in the proportion of each donation that reaches the charitable organization. Bitcoin holders are also younger, often 18 to 45, opening new donor segments as potential charity benefactors.