The transformation of the CSD industry edged closer in the summer of 2019 when Orange, an outsider to the securities industry, backed the first new CSD in Europe to go live with blockchain technology. Less than two and half years later, Orange reversed its decision. The closure of ID2S has prompted questions, not only aboutContinue reading “What I learned from managing the first blockchain CSD in Europe”
Tag Archives: January
What a Blockchain Economy Will Look Like
A summary of the webinar of 30th September 2021 entitled What a Blockchain Economy Will Look Like It is easy to portray blockchain technologies as a study in failure. The original vision of a financial system free of costly and centralised intermediaries has proved harder to realise in practice than the keenest evangelists imagined. YetContinue reading “What a Blockchain Economy Will Look Like”
What it will take to tokenise the securities markets
A summary of the webinar of 20th October 2021 entitled What it will take to tokenise the securities markets. For both issuers and investors, the benefits of tokenising securities seem unarguable. Yet tokenisation has so far refused resolutely to take off. Security token issues are dominated by security token infrastructure providers and one-offs, many ofContinue reading “What it will take to tokenise the securities markets”
The waiting for CBDCs is almost over and the ordeal of the incumbents is about to begin
A summary of the webinar of 23 November 2021 entitled The waiting for CBDCs is almost over and the ordeal of the incumbents is about to begin. Interest in CBDCs at central banks is almost universal, but the spectrum of stages of development is wide. The most advanced jurisdictions are, with the exception of China,Continue reading “The waiting for CBDCs is almost over and the ordeal of the incumbents is about to begin”
Swiss start-up STOverse is building a bridge between security tokens and DeFi
Swiss start-up STOverse is building a bridge between security tokens and DeFi The convergence of traditional and blockchain-based financial markets is now a given. But it still takes people and businesses to make it happen. The proportion of FinTechs seeking regulatory licences is one measure of who is doing what. Now a regulated Swiss securityContinue reading “Swiss start-up STOverse is building a bridge between security tokens and DeFi”
Open Banking needs new regulatory and collaborative catalysts to truly take off
A summary of the webinar of 9 December 2021 entitled Open Banking is just the opening scene of a three-part drama of total economic transformation, sponsored by Trade and Invest Wales in partnership with FinTech Wales. Open Banking in the United Kingdom celebrated its fourth birthday in January 2022. Its principal aim is to helpContinue reading “Open Banking needs new regulatory and collaborative catalysts to truly take off “
Cost-cutting or client service is a bogus dilemma, Wealth Wizards tells wealth managers
Cost cutting or client service is a bogus dilemma, Wealth Wizards tells wealth managers Wealth management faces much the same challenge as other forms of asset management: the fact that costs are rising faster than revenue. The consequent squeeze on profitability is encouraging many wealth managers to explore how technology can help restore a moreContinue reading “Cost-cutting or client service is a bogus dilemma, Wealth Wizards tells wealth managers”
How a financial contract standard could help Blockchain achieve institutional scale
How a financial contract standard could help Blockchain achieve institutional scale Blockchain has so far failed to overcome its notorious trilemma: the need for trade-offs between speed, scalability and decentralisation. Until it does, blockchain technology will struggle to fulfil its potential by penetrating the traditional securities and derivatives markets and remain trapped in the mereContinue reading “How a financial contract standard could help Blockchain achieve institutional scale”
Security token markets need issuers and traders even more than investors (20 January 2022)
A Future of Finance webinar with Issuers and Capital Markets Professionals Thursday January 20 at 2pm UK time Enthusiasts for security tokenisation must sometimes feel like Old Testament prophets waiting for the new dispensation to begin. Yet the fact that they are waiting at all is a mystery. Theory and practice (albeit modest, so far)Continue reading “Security token markets need issuers and traders even more than investors (20 January 2022)”