August 2016 — Blockchain Asia

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 […]