The slow and steady convergence of blockchain-based finance and traditional financial markets is now a widely accepted prognosis. True, the implosion of values on the cryptocurrency and decentralised finance (DeFi) markets since the autumn of 2021 has made convergence seem the obvious path in the future. But the acceptance of this possibility by all butContinue reading “Regulation plus digital identity is the key to the future of blockchain-based financial markets”
Tag Archives: Digital Identity
Is the digital asset custody industry ready to grow up?
A summary of the webinar of June 9 2022 entitled Is the digital asset custody industry ready to grow up? SUMMARY What can be done about crime in the cryptocurrency and DeFi industries? According to Chainalysis, thieves stole $3.2 billion of cryptocurrency in 2021 and had stolen another $1.3 billion in the first quarter ofContinue reading “Is the digital asset custody industry ready to grow up?”
MetaMUI uses digital identity to invent a fast, scalable blockchain
The “trilemma” has become a fixed objection to the adoption of blockchain technology. According to it, a blockchain-based system cannot be decentralised, private and scalable at the same time. Instead, insists the trilemma, trade-offs must be made. So when a blockchain protocol claims to have solved the trilemma, it is worth listening to. MetaMUI isContinue reading “MetaMUI uses digital identity to invent a fast, scalable blockchain”
With data in their hands, consumers can intimidate anybody
The blockchain era has spawned a great deal of innovation, but its most lasting impact might well lie in the fact it forced us to think more imaginatively about data. A decade ago, every business wanted to be the next Facebook or Google, by selling its data to third parties.
What LEIs are doing to make digital identity happen
Legal entity identifiers (LEIs) began as a G20-mandated solution to a problem uncovered by the financial crisis of 2007-08: the difficulty banks had in identifying their true counterparty in a transaction, and the systemic risk this created.
THE PROMISE AND THE POWER OF DIGITAL IDENTITY MEETING SUMMARY Part I
A SUMMARY AND FULL REVIEW OF THE DISCUSSION AT THE WEBINAR ON 21 OCTOBER 2020
THE PROMISE AND THE POWER OF DIGITAL IDENTITY
Banks, asset managers and insurance companies and their corporate clients are spending tens of billions of dollars a year conducting Know Your Client (KYC), Anti Money Laundering (AML), Countering the Financing of Terrorism (CFT) and sanctions screening checks as they on-board new clients and re-run checks on existing clients.
DIGITAL IDENTITY IS MORE IMPORTANT THAN DIGITAL MONEY OR DIGITAL ASSETS (30th March 2021)
DIGITAL IDENTITY IS MORE IMPORTANT THAN DIGITAL MONEY OR DIGITAL ASSETS (30th March 2021) A FUTURE OF FINANCE WEBINAR WITH REGULATORS, FINTECHS, ACADEMICS AND INDUSTRY PROJECT LEADERS Tuesday March 30 2021, 14.00 – 15.00 UK time Questions posed from the October 2020 discussion and will provide the framework for the March 2021 discussion: How canContinue reading “DIGITAL IDENTITY IS MORE IMPORTANT THAN DIGITAL MONEY OR DIGITAL ASSETS (30th March 2021)”
THE PROMISE AND THE POWER OF DIGITAL IDENTITY (21st October 2020)
THE PROMISE AND THE POWER OF DIGITAL IDENTITY (21st October 2020) A FUTURE OF FINANCE WEBINAR WITH REGULATORS, FINTECHS, ACADEMICS AND INDUSTRY PROJECT LEADERS Wednesday 21 October 2020 at 2.00-3.00pm UK Time Digital identity is a powerful idea. Rightly conceived, it has the potential to save the financial services industry tens of billions of dollarsContinue reading “THE PROMISE AND THE POWER OF DIGITAL IDENTITY (21st October 2020)”