• DJ D-Sol, who also goes by the name of David Solomon, moonlights as CEO of Goldman Sachs (via instagram.com/djsolmusic).
    Cryptocurrencies,  Libra,  Technology

    Goldman Sachs CEO David Solomon says bank payments will be tokenized on a blockchain

    All major banks are looking at the potential of stablecoins

    The world’s banking payment system is going to be tokenized on a blockchain, according to the head of Goldman Sachs. In a discussion of Facebook’s new Libra cryptocurrency with the French news site Les Echo on June 28, Goldman Sachs CEO David Solomon said he finds the “principle interesting” and the fifth-largest American bank, does “extensive research on the concept of tokenization.”

  • government ID
    Technology,  United States

    Here’s the best way for the government to use blockchain technology for secure documents

    U.S. Dept of Homeland Security offers $800,000 for what could be a revolutionary development

    The U.S. government is finally dipping its toes into blockchain projects and is getting on board with new ways to offer secure documents. Having written previously on the topic—and having done similar projects around supply chain—we want to offer some suggestions on how it can be done right. If implemented properly, it can be a revolutionary way for Americans to store, share, and protect their personal data in ways they could never before. (For the full technical paper we wrote, take a look on Github). The Department of Homeland Security, in their request for proposal (RFP) document, is offering $800,000 for anyone to develop a new way to improve on…

  • Starbucks
    Cryptocurrencies,  Innovators

    ICE heats up on crypto with Starbucks

    NYSE’s owner launches crypto initiative with another household name

    Last month, the owners of the New York Stock Exchange quietly bought a domain name for a made up word. The misspelled wordplay belongs to startup Bakkt—pronounced ‘backed’—which had been in the works for months. Bakkt introduced itself to the world Friday as a digital asset ecosystem hoping to make cryptocurrency mainstream for consumers and merchants. That’s the goal of many a crypto company, but this time it might be more than just talk. Bakkt will launch with an impressive global partner, Starbucks. “As the flagship retailer, Starbucks will play a pivotal role in developing practical, trusted and regulated applications for consumers to convert their digital assets into US dollars…