September 3, 2016

Blockchain Conference, Frankfurt, Germany

About 600 people met in Frankfurt, Germany on Sep 1 for the Joint Fall Conference 2016 on “Blockchain: Technology, Legal and Regulation, and Applications in the Finance Realm”. Before the conference and during the breaks, many attendees were actively debating to what extend we already face a hype in blockchain or distributed ledger technology. The […]
August 21, 2016

The Inner Workings of a Blockchain, Hong Kong

Leonhard Weese from the Bitcoin Association of Hong Kong gave a presentation on the “Inner Workings of a Blockchain” at Hong Kong Science Park on Aug 17. He explained with the example of Bitcoin, how a blockchain verifies and distributes messages and allows its participants to keep the database consistent, and what else could be […]
August 19, 2016

“The future of financial infrastructure: An ambitious look at how blockchain can reshape financial services”

In collaboration with Deloitte, the World Economic Forum has compiled a comprehensive report on the future of financial infrastructure and the role of Distributed Ledger Technology (DLT) therein. The key findings are: DLT has great potential to drive simplicity and efficiency through the establishment of new financial services infrastructure and processes DLT is not a […]
August 18, 2016

“Blockchain in insurance – opportunity or threat?”, McKinsey&Company

A recent report by the Insurance Practice of McKinsey&Company analyzes the potential of Blockchain technology in the insurance industry. The authors, Johannes-Tobias Lorenz, Björn Münstermann, Matt Higginson, Peter Braad Olesen, Nina Bohlken and Valentino Ricciardi, see a number of potential use-cases for Blockchain. While the insurance industry (in terms of technology adoption) lags behind banking, […]
August 6, 2016

“Chain Reaction: How Blockchain Technology Might Transform Wholesale Insurance”, Long Finance

Michael Mainelli and Bernard Manson from Z/Yen Group Limited have analyzed on behalf of Long Finance the potential impact of Blockchain on the wholesale insurance industry. The goal of this study was to review the wholesale insurance market in order to understand major business processes, to identify where there are perceived problems or inefficiencies, and […]
August 6, 2016

Deloitte “Future of Blockchain”

Deloitte Germany has created a video with four different scenarios of the adoption of Blockchain and its implications on our future. 1. “Survival of the Biggest” 2. “Niche evolution” 3. “One-eyed in the kingdom of the blind” 4. “Blockcracy”   Which one do you think is most realistic? We are looking forward to your comments.
August 4, 2016

“Consensus – Immutable agreement for the Internet of value”, KPMG

A recent report by KPMG analyzes how different consensus mechanism work. It also summarizes their usage in various Blockchain and distributed ledger technologies. The authors, Sigrid Seibold and George Samman, want to support companies in selecting the right distributed ledger technology for their particular application. It’s important to focus on which consensus mechanisms are most […]
July 5, 2016

International Developments in Blockchain, Korean Computer Congress 2016

Jochen gave a keynote about international developments in FinTech and Blockchain at the Korean Computer Congress 2016 in the exciting ICC Jeju on June 30. The Korean Computer Congress is organized every year by the Korean Institute of Information Scientists and Engineers (KIISE). KIISE invited leading speakers from Germany, China and Korea to present about major trends in the IT industry at their […]
June 19, 2016

Meet us in South Korea, 27.06.-01.07.16

We will be back in South Korea in the week starting June 27 for giving keynote speeches on conferences in Seoul and on Jeju Island as well as for meeting with local Blockchain experts, companies and good friends. If you are interested in a conversation with us, do not hesitate to contact us.
June 4, 2016

The DAO has been created. And a few legal, regulatory and tax issues also

We have witnessed an extraordinary development end of May, when the DAO became the largest crowdfunded project in history and raised almost 170 million USD from more than 20,000 investors. The DAO is a Decentralized Autonomous Organization – more specifically, it is a new breed of human organization never before attempted. The DAO is borne […]
May 20, 2016

Interview with Christoph Hering, Co-founder of ECHO

What is most unique about the Echo technology? ECHO is controversial in the case that we leverage Blockchain Technologies in a new form and shape. We merge the best features of social messaging apps with a global payment platform enabling anybody to exchange encrypted text, audio, video, image messages plus transforming digital payments into taking […]
May 16, 2016

The hidden trade-offs behind Blockchain

In his recent article “Four genuine blockchain use cases”, Gideon Greenspan rightly points to one of the hidden trade-offs around Blockchain. Gideon writes: “The two most important differences between blockchains and centralized databases can be characterized as follows: Disintermediation. Blockchains enable multiple parties who do not fully trust each other to safely and directly share […]
May 8, 2016

Why is Blockchain the solution for emerging economies?

With the unbanked population in India reduced to more than half to 233 million since 2011, financial inclusion program has shown its importance in the Indian landscape. However, one needs to observe how much of this reduction is a result of contribution from emerging technologies. The reduction of unbanked population was a result of inclusion […]
March 28, 2016

Blockchain: Embracing a disruptive change

By Shwetal Gajbhiye, FinTech Consultant Whenever there is a new idea, concept or change is introduced, the one and the biggest challenge faced is how one can embrace this change. For the very obvious reason is its threat to the existing ecosystem. The same was observed when the buzz word FinTech was heard. One of […]
March 27, 2016

The Next Big Thing: Will the Blockchain Unblock the Securities Industry?

By Edith Rigler, Senior Consultant, Payments Advisory Group   The terms “bitcoin” and “blockchain” technology have gone mainstream over the last few years. There is hardly a day without news about a “revolution in financial services”, the “next evolutionary jump”, and about “the next big thing” totally changing our lives. The World Economic Forum has […]
March 20, 2016

BlockChain 会如何把我们联起来呢?

BlockChain似乎让我们在生活的细节上又再拉近一点,本来科技已为我们带来很多的方便,但早于几年前,BlockChain 造就了比特币,可能有很多人都认识比特币,但对背后的技术BlockChain好像未有更多的理解。 BlockChain除了在金融这方面起了很大作用外,还在其他方面可应用的,如互联网业务,政府公开信息,电子证据及数据安全等领域都能用到。所以说BlockChain迟些会把我们生活上的各个范畴都能联系起来,到时又会是什样的一个世界呢?现在我们的生活上已离不开互联网,而科技的不断进步,我相信BlockChain会为我们的科技领域上带来另一个境界。 我国现已不断探讨BlockChain能否在未来完全取代以往传统的技术,那我们便要拭目以待。近日在网上看到中国区块链应用研究中心发起为BlockChain 征集中文译名,现时我们只用区块链来表逹BlockChain,但其实这还未为真正的中文译名,而很多人也很关心BlockChain真正的中文译名是甚么呢?我自己个人认为BlockChain是由信用及数据连在一起的,名字应该不少得这几个字是吗?
March 17, 2016

Blockchain in India Opportunities and Challenges: The Vowel Model

By Shwetal Gajbhiye, FinTech Consultant In spite of being the buzzword across the globe, blockchain continues to remain one of the unexploited sectors in India. With traditional pillars of FinTech continuing to dominate the industry; it is imperative to look at it as one of the important pillars of the Indian landscape. With hardly 4-5 […]
March 14, 2016

International regulators’ view on blockchain

The future of blockchain will strongly depend on regulators. But their views are quite diverse. Some are very much in favour of this new technology, while others are rather careful and focus mainly on the risks of distributed ledgers. We have collected different opinions of leading financial regulatory in the Americas, Europe, Asia and Pacific […]