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The next FinTech: Global “Open Finance” Infrastructure

May 1st, 2019 at 7:08 am » Comments Off

“Open Finance “ — open-source financial services infrastructure built on public blockchains — may be the next major digitization narrative after Fintech. Driven by the transformation of analog liquidity (deposits in a bank account) to digital liquidity (tokens in digital wallets), the playing field can be leveled for offering financial services. As a result, new profit motives are introduced […]



Blockchain: Separating fact from fiction

May 1st, 2019 at 6:58 am » Comments Off

Blockchain is not a single technology. After having been conceived by Bitcoin creator — Satoshi Nakamoto, the world discovered the first known representation of this abstract concept through Bitcoin. Since then, hundreds of implementations have been explored. These are also called Distributed Ledger Technologies. With hindsight, the blockchain concept is quite simple: it proposes an innovative information […]



Crypto lending on the rise: Credit volume of Genesis Capitol at over $1 Billion

May 1st, 2019 at 6:51 am » Comments Off

  Genesis Capital, one of the largest providers of crypto loans, cracked $1 billion in crypto loans in 2018. Despite falling bitcoin prices, the demand for credit in the crypto money market seems higher than ever. In the fourth quarter of 2018 alone, Genesis, a type of crypto bank, will provide $500 million in loans. […]



Chicago Mayor believes Crypto adoption is “inevitable”

April 6th, 2019 at 12:40 am » Comments Off

Cryptocurrency received an endorsement from Chicago Mayor Rahm Emanuel when he stated that wide-scale crypto adoption is “inevitable” at a FinTech meeting in his city earlier this week. The chief of staff for former US President Barack Obama said that while he is no expert in crypto technology, he believes digital assets could help financially […]



What the hell is a blockchain phone—and do I need one?

March 12th, 2019 at 8:59 am » Comments Off

The first wave of crypto-focused smartphones from big players like Samsung is a small step toward a decentralized web. The crypto world is full of buzzwords, but if you can peel away the marketing fluff, you sometimes find innovation beneath the surface. You are often also reminded just how early it is in the history […]



Sweden: How to live in the world’s first cashless society

March 9th, 2019 at 2:44 am » Comments Off

Sweden goes from being the first in adopting banknotes in Europe in 1661 to introducing its own digital currency in 2021, and becoming the first world’s cashless society in 2023. How is a country becoming the world’s first cashless society? Sweden, one of the most technologically advanced nations on the planet, is leading the way. […]



Once hailed as unhackable, blockchains are now getting hacked

February 23rd, 2019 at 12:54 pm » Comments Off

More and more security holes are appearing in cryptocurrency and smart contract platforms, and some are fundamental to the way they were built. Early last month, the security team at Coinbase noticed something strange going on in Ethereum Classic, one of the cryptocurrencies people can buy and sell using Coinbase’s popular exchange platform. Its blockchain, […]



The ten most ridiculous things “on the blockchain”

February 9th, 2019 at 3:28 am » Comments Off

  Oranges, babies, democracy, frozen people. We take a whirlwind tour of all things on the blockchain that probably shouldn’t be. When you put a thing “on the blockchain,” you’re not actually putting it “on the blockchain.” Nothing is “on the blockchain.” The “blockchain” doesn’t exist. Instead, what you’re really doing is “notarizing information about […]



What Honeywell’s Ecommerce platform means for blockchain in aviation

January 15th, 2019 at 11:30 am » Comments Off

  Honeywell recently announced the launch of its online buying and selling platform for new and used aircraft parts. Not only are online transactions in this space extremely rare, but Honeywell is also doing something even more uncommon: using blockchain technology. According to Lisa Butters, who leads the Honeywell Aerospace venture, “Currently, less than 2.5 […]



DaVinci Speakers Series : Bitcoin and Blockchain

January 3rd, 2019 at 9:12 pm » Comments Off

By now the mainstream media has been flushed with headlines about bitcoin and it’s underlying technology, the blockchain, but how will they actually change society? Is this all about creating a new form of money or will industries from all areas be impacted and disrupted? As a matter of fact voting, energy management, ride sharing, […]



At least 15 central banks are serious about getting into digital currency

December 26th, 2018 at 12:01 pm » Comments Off

Digital cash may soon start replacing the physical kind. The market for digital currency is down, but it’s certainly not out. Even if private cryptocurrencies are falling in popularity, it appears likely we are headed toward an era of national digital currencies that are backed by central banks. Central banks are the institutions that set […]



Chinese internet court uses blockchain to protect online writers intellectual property

December 16th, 2018 at 11:40 am » Comments Off

An Internet Court in Hangzhou, Eastern China, has turned to blockchain to fight piracy at the expense of online writers, English-language media outlet China.org.cn reports Dec. 8. China has reportedly “set up three Internet courts in Hangzhou, Beijing and Guangzhou.” Internet Courts are courts expressly intended to manage internet-related cases and allow plaintiffs to file […]



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