42 Results from 2020, /crypto
Leon Gauhman Founder and CPO/CSO at Elsewhen
Banks and financial institutions were shockingly slow to respond to the rise of fintech - now they are in danger of making the same mistake with the rapidly emerging crypto banking sector. While legacy players sit on the sidelines, the likes of SEBA and Wirex are racing to develop banking products and services that support the cryptocurrency ecosy...
23 July 2020 /crypto /covid-19 Cryptocurrency Insights
Hirander Misra Chairman and CEO at GMEX Group
The extent of money supply increases needed to facilitate stimulus packages by sovereign central banks to counter the negative effects of the current crisis will dictate the inflationary pressures that ensue. Current world currencies are driven in a large part by expectation value and when confidence wanes there is a flight to alternative stores o...
20 July 2020 /crypto /covid-19 Blockchain in Banking and Financial Services
Retired Member
According to an April study published by the Bank for International Settlements (BIS), in fear of transmitting COVID-19 via cash, people are increasingly looking into cashless payments. With a sudden increase in consumer demands for cashless payments, the pandemic can accelerate the worldwide transition to digital payments while serving as a cataly...
20 July 2020 /payments /crypto UK Faster Payments
Amita Choudhary Marketing Manager at Princeton Growth Accelerator
Cryptocurrencies have been around for a while now, and we’re well past the point where they were considered a temporary, passing gimmick. At this stage, many people agree that cryptocurrencies are the way of the future in many ways, even if there are some flaws in the general idea. The important thing is that we’re actively experimenting with diff...
17 July 2020 /crypto Fintech
Josh Li Chief Business Officer at Roxe
Central banks are asking themselves a key question: “Are we ready for a Central Bank Digital Currency?” A Central Bank Digital Currency (CBDC) is drawing closer for many nations: In a Bank for International Settlements (BIS) survey, 70% of responding banks said they are engaged in, or planning to begin, work on a CBDC. Central banks that adopt a C...
08 July 2020 /payments /crypto Banking Strategy, Digital and Transformation
Carlo R.W. De Meijer Owner and Economist at MIFSA
Blockchain‘s potential for improving business processes, providing transactional transparency and security in the value chain, and reducing operational costs is obvious for many. Notwithstanding this the expected mass adoption failed to happen up till now. What has been holding blockchain? In fact, there have been several concerns in recent years...
06 July 2020 /crypto Blockchain Observations
Chris Principe CEO at APB, Inc.
Bond-Fires of the Vanities, The US Government plan to save the Bond Market, Many of you may remember the 1987 Tom Wolfe book that became the 1990 movie “Bonfires of the Vanities”. The story is about a Wall Street hotshot who watches as his high-flying lifestyle goes down in flames. The origin goes back to Florence, Italy, 1497, when the spiritua...
08 June 2020 /wealth /crypto The Payments Business
In my last blog BAAS and SMEs: New Opportunities I explained what Blockchain-as-a-Service is, where it could be used for and what the benefits are for SMEs. But another question is: how should SMEs select BAAS providers and their offerings. What are the various issues they should look at to get the most out of it. In other words: how should SMEs d...
30 May 2020 /crypto Blockchain Observations
As the U.S. accelerates its printing press, China is already testing the digital yuan. Given this new reality, it becomes clear that the finance world will never be the same. But why do we need digital money? How is it better than traditional fiat money? What are the pitfalls? The coronavirus epidemic has accelerated cryptocurrency’s exit process ...
15 May 2020 /payments /crypto Cryptocurrency Insights
One of the recent promising blockchain trends is the growth of Blockchain-as-a Service (BAAS) platforms and software. This is highlighted by the recent release of the Second Annual Blockchain 50 list by Forbes. Several of the entrants on this year’s list offer blockchain-as-a-Service, including global players such as Microsoft, Amazon and IBM. The...
14 May 2020 /crypto Blockchain Observations
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