The tech giants that already know everything about you, and now they want to be your banker, too. What could possibly go wrong?
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In ‘Blockchain Babel,’ a warning for banks and FinTechs
Igor Pejic’s new books sees blockchain bringing misunderstanding, opportunities, and looming threats to the financial sector
If there’s one theory at the heart of Igor Pejic’s new book, “Blockchain Babel: The Crypto Craze and the Challenge to Business,” it is that when it comes to using blockchain technology to remake the banking business, neither the financial institutions looking to maintain their dominance nor the FinTech firms trying to topple them understand each other, or how much they need each other.
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As JPM Coin launches, Citi reflects on decision to cancel Citicoin
JPMorgan’s Ethereum-based digital currency has competition from IBM Blockchain World Wire’s Stellar-based stablecoin platform
In the wake of JPMorgan’s February launch of its Ethereum-based JPM Coin digital currency, Citi let it be known why it had killed the Citicoin project its innovation lab discussed—but never formally announced—back in 2015.
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With Vakt investment, five of the biggest energy companies bet on blockchain
The oil and gas industry is embracing blockchain technology for everything from tracking products to financing sales
With the announcement on Jan. 16 that three major oil and gas firms including Chevron, Total, and Reliance Industries have joined Vakt, the energy-industry enterprise blockchain company now has five of the 10 largest oil firms by market capitalization on board.