Blockchain is one of the six emerging technologies the World Economic Forum believes will change the world so dramatically that they will be a “fourth industrial revolution.”
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Central banks across Southeast Asia are embracing blockchain
Serving the unbanked and leapfrogging inefficient interbank and international settlement systems are a major focus
Financial authorities across Southeast Asia are embracing blockchain technology and digital currencies as a way of helping the poor get better access to banking services that can help lift them out of poverty, as well as speeding and improving interbank payments and cross-border settlements.
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Must-reads for Nov. 5, 2018: EOS is BS, ETH may go POS, and WEF touts BCH
These are the crypto stories you should be following today
Interview: Researcher Argues EOS isn’t a Blockchain — Just a Distributed Database (CCN) A paper by Whiteblock, a blockchain testing firm, has come down hard on EOS, the controversial protocol started by Block.one (helmed by none other than Brock Pierce). “EOS is not a blockchain, rather a distributed homogeneous database management system, a clear distinction in that their transactions are not cryptographically validated,” Whiteblock said. CCN interviewed Whiteblock’s CTO, Zak Cole, about their findings. Bitcoin is 10 years old: This is how it began and where it’s headed (World Economic Forum) One of the most bitterly debated topics in crypto is Bitcoin Cash. That makes this particular post provocative;…
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JP Morgan Chase & Co. CEO Jamie Dimon showing how he'd wring the neck of any one caught trading bitcoin on one of his trading desks. (via Wikipedia).Must-reads for September 13, 2018: Diamonds, Dimon, schmucks, and a trillion dollars worth of stories
Here are the crypto stories you should be watching today
Morgan Stanley Plans to Offer Bitcoin Swap Trading for Clients (Bloomberg) Morgan Stanley is joining the ranks of institutions by offering swaps to its clients, according to a report by Bloomberg’s Alastair Marsh. A source at the bank told Marsh that a swap product would launch once there’s enough institutional demand and after it gets through internal approvals. For the unfamiliar, a swap would essentially “swap” exposures of one asset with another. Let’s say fund has $1 billion in the S&P 500. They would then enter into an agreement with someone who has $1 billion in Bitcoin to trade returns. Thus if after the first three months the S&P 500…
