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Blockchain Observations

Being a forum for blockchain ideas

Carlo R.W. De Meijer

Carlo R.W. De Meijer Owner and Economist at MIFSA

Blockchain and disruption in the financial world: Will banks survive?

The world of banking as we know for many years is in a fundamental transformation process, triggered by new technologies. The most important is blockchain that is said to fundamentally change the way financial transactions are handled today. It is forecasted that this technology will have significant consequences on how traditional banks do busin...

Richard Miller

Richard Miller Product Owner at RegDefy (MV37)

KYC, GDPR and DLT pt2: Potential Solutions

In a previous article I looked at how Distributed Ledger Technology (DLT) can be applied to the issue of making sure you understand who you are doing business with i.e. Know Your Customer (KYC). The opportunity here is to reimagine what is normally not a differentiating business process by mutualising your operations with your competitors. Unfortu...

/regulation

Carlo R.W. De Meijer

Carlo R.W. De Meijer Owner and Economist at MIFSA

Blockchain and big Data: A great mariage

Blockchain and Big Data are among the emerging technologies that are high on many companies’ agendas. Both are expected to radically transform the way businesses and organizations are run in the upcoming years. Long-time developing in a separate way, at first sight one might assume that these technologies are mutually exclusive. But that idea is...

Carlo R.W. De Meijer

Carlo R.W. De Meijer Owner and Economist at MIFSA

Crypto-assets and EU regulation: to a global format

It is increasingly becoming a certainty that crypto-assets are here to stay. Also regulators are now more convinced that these will be here for the long run. Long time taken a wait-and-see attitude, there is growing consensus at European regulators to come up with EU-wide regulation. While on the one hand EU regulation could give the crypto marke...

Richard Miller

Richard Miller Product Owner at RegDefy (MV37)

KYC, GDPR and DLT pt1: A Rocky Road?

Several years ago Blockchain and Distributed Ledger Technology (DLT) were going to solve all problems: from streamlining payments, to world peace! Since then, most have fallen away as not having the business case to support them, but a few use cases have stood the test of time. Know Your Customer (KYC) is one of these. There are many DLT based KYC...

/regulation

Jared Ronski

Jared Ronski Co-founder at MerchACT

The Power of Blockchain for Ecommerce

The ecommerce payments landscape is evolving as mobile and alternative payment methods rise in popularity. Worldwide mobile payment revenue is expected to exceed $1 trillion in 2019 and more than 2.1B consumers are expected to use mobile payments by this year. The dynamic changes happening in the payments space also raise questions about speed, c...

/payments

Carlo R.W. De Meijer

Carlo R.W. De Meijer Owner and Economist at MIFSA

Some blockchain predictions for 2019

2018 was a challenging year for the blockchain world. Not all my predictions were realised. But what is sure is: the hype is over. The adoption of this technology by the industry was less outspoken than predicted. Blockchain spending by companies went slower than expected, while many ongoing projects were stalled or even stopped. This had much to ...

Enrico Camerinelli

Enrico Camerinelli Supply Chain Blockchain Personal Coach at Aite Group

Blockchain in Procurement

Request for Proposal, Purchase Order, Sales Order, Advanced Shipping Notice, Bill of Lading. In blockchain a simple token is enough.

Carlo R.W. De Meijer

Carlo R.W. De Meijer Owner and Economist at MIFSA

Blockchain and the aviation industry: fasten seatbelts for take off

My wife and I recently returned from our trip through South Africa and Namibia. It was great again. All went very well except our flight back to Amsterdam. That was cancelled because of fleet shortage at the airline company. The result was that we were offered a flight two days later. At the counter in Joburg International Airport it took us more ...

Neil Crammond

Neil Crammond risk education & real time market abuse at DIVENTO FINANCIALS

BLOCKCHAIN AS TOUGH AS TYSON FURY

Blockchain has managed to survive 2018 and one cannot help wondering if regulators could of helped establish more confidence in this new currency provider ? Initial coin offerings (ICO) were hurried through without much thought to the market place with little or any governance which provided numerous scandals which sadly made the crypto market l...

/regulation