JP Morgan Expands “Quorum” platform pilot to 75 Global Banks
The Background To stem competition from non-bank payment processors, JP Morgan will join 75 other banks as part of an expansion of the Interbank Information Network (IIN) to try and make payment processing and settlement more efficient. The network consists of international banking names across Asia, Europe, Latin America, and the Middle East and isRead More
Morgan Stanley Catches the Bitcoin Bug
Background Last week, an unidentified worker for Morgan Stanley who asked to remain anonymous, stated in a report by Bloomberg News that they will begin to deal in contracts that give synthetic exposure to the performance of Bitcoin. They plan to offer trading in complex derivatives by going long or short using the priceRead More
Could ICOs Disrupt the Silicon Valley Machine?
Background Silicon Valley has led the computer science revolution for decades by producing first hardware companies such as Xerox and Apple, and more recently the software that makes them so valuable. Less well known is the core of this machine which allows these products to get the resources they need – the Venture Capital andRead More
Layer Two – A Solution to Scale
Why Layer Two Matters Layer 2 is a new phase of blockchain development where the lightning network and other programming solutions operate “on top” of the base layer – blockchain. HTTP (Hypertext Transfer Protocol) is the foundation of data communication for the world wide web that functions as the application layer to the internet. LayerRead More
Stablecoins: The Bridge to Adoption?
The NYS Department of Financial Services announced on Monday the authorization of the Paxos Standard and Gemini dollar, which will become the first regulated stablecoins fully backed by the US Dollar. First Regulated Stablecoins In a press release the NYSDFS stated that as part of the approval process the Gemini Trust Company and Paxos TrustRead More
Blockchain has most activity in 10 years – Ben Horowitz
Background Andreessen Horowitz has been one of the leading funds in the crypto space and having come in early is now positioned well to continue growing with this new market. After their recent announcement of a 300M fund, they’re now one of the leading investors in the space. You can read the full blog postRead More
World Bank “Blockchain Bond” and what it means for DLT
Introduction The evolution of DLT and other decentralized protocol rely on a collective development of infrastructure components in order to reach critical mass. These infrastructure components can be summarized as: Technological Legal Regulatory Within the aforementioned categories challenges particularly exist regarding scalability (i.e. tx processing power), communication between blockchain protocols (i.e. interoperability), identity and transactionRead More
Coinbase CEO: Think Longterm
A bit of Background Coinbase is the largest public exchange in the cryptocurrency space with revenues reaching over $1B in 2017, and has quickly become a household name to many in the community. Despite their humble origins as a simple website to buy Bitcoin, they’ve recently begun investing heavily in technology development and mass-adoption orientedRead More
Could token devaluation be the key to blockchain’s success?
A bit of background In a recent article published to TechCrunch.com, author Jeremy Rubin proposed that the Ethereum network may outlast the token itself. Just for the sake of clarity, the Ethereum blockchain holds a wide range of tokens, which are collectively referred to as the Ethereum network. The stated principle of this network isRead More
CoinDesk State of Blockchain Q2 2018 Report Summary
THE BEAT CoinDesk, the leader in blockchain and crypto asset media, has published the State of Blockchain Q2 2018 Report. Key findings from the report include: Lower exchange volumes, but increased developer work highlights focus on infrastructure devlopment over trading ICO funding for the quarter averaged $393 million EOS raises the all time highest ICO valued atRead More
Citadel CEO Provides Crypto Perspective as Institutional Interest heats up
POLARIZING VIEWPOINTS DRIVES CRYPTO NARRATIVE The bombardment of opposing viewpoints in the crypto space often culminates in hyper sensationalism from digital asset commentary as well as a denial from traditional financial managers. The truth is both sides have valid viewpoints, it just depends how you choose to interpret it. In this past weeks Delivering AlphaRead More
A Case for Tokenized Protocols
Related posts: Could token devaluation be the key to blockchain’s success?
Is Bitcoin adoption on the horizon, or is it just a mirage?
Why might adoption affect price? The general consensus on the path to stability in any cryptocurrency is supposedly widespread use. The problem is complex, since without distribution among a wide network of users, volatility in crypto markets may continue to restrict the use cases of open blockchains in a sort of chicken and egg scenario.Read More