EU proposes first set of rules for crypto assets

The European Union has taken a major step forward in its bid to regulate the crypto assets world after its executive branch issued its most extensive proposals to date for supervising the growing sector. The measures suggested within the EU's digital finance strategy include cryptocurrencies not presently included in general regulation as well as a [...]

EU proposes first set of rules for crypto assets2020-09-29T11:14:42+00:00

The disruption of the payments industry

It's happening - the payments industry is going through a transformational once-in-a-generation type of shift. Financial institutions have been controlling the payments industry for quite a while - until 2014, when big investors poured more than $130 billion into technologies like Blockchain and mobile payments. With the investment, the relationship between banks, credit card companies [...]

The disruption of the payments industry2019-07-30T08:47:25+00:00

It’s official: social media platform Facebook steps into the fintech market with cryptocurrency platform Libra

According to a report published by Reuters, Facebook has been silently setting up a financial technology firm in Switzerland. The platform’s fintech firm is called Libra Networks, and it will solely focus on payments, investing, financing and other financial technology solutions. Details concerning the cryptocurrency platform have been released a few days ago. We will [...]

It’s official: social media platform Facebook steps into the fintech market with cryptocurrency platform Libra2019-06-25T14:15:07+00:00

Dutch Financial Authorities are planning to license a crypto scheme for exchanges

In order to prevent money laundering and terrorism financing, Dutch Financial Authorities have decided to plan a licensing scheme for crypto exchanges. This decision stems from a report that was published by the nation’s central bank, De Nederlandsche Bank (DNB), and the AFM which is the Dutch Authority for the Financial Markets. The report concludes [...]

Dutch Financial Authorities are planning to license a crypto scheme for exchanges2019-02-25T13:31:10+00:00

European countries join Blockchain Partnership

On 10 April 2018, 22 member states of the European Union signed a Declaration on the establishment of an European Blockchain Partnership. The Partnership will contribute to the creation of an enabling environment and should ensure that Europe continues to play a leading role in the development and roll-out of blockchain technologies. For more information [...]

European countries join Blockchain Partnership2018-04-17T13:34:09+00:00

The European Commission launches the EU Blockchain Observatory and Forum

On February 1st 2018, the European Commission and the European Parliament launched the EU Blockchain Observatory and Forum. The aim of the Blockchain Observatory and Forum is to provide insight in key developments of the Blockchain, to promote European actors and to reinforce European engagement with stakeholders that are involved with Blockchain initiatives. The official [...]

The European Commission launches the EU Blockchain Observatory and Forum2018-02-12T12:56:51+00:00

Blockchain: The key to Trade Finance challenges?

Trade finance is going through a technological revolution. There are a handful of financial institutions attempting to incorporate Blockchain technology applications in the trade finance process. This way, banks can increase the cross-border financing to SME’s and bloom their businesses. The promise of the Blockchain is that it has the ability to streamline the trade finance process [...]

Blockchain: The key to Trade Finance challenges?2017-10-10T13:58:28+00:00

The potential of Blockchain and its expanding scope for changing society’s systems

A new era of automated mechanisms is set to disrupt how businesses, institutions and the government work. One of such technologies is the Blockchain and it’s said to impact current values and means of participation in our society’s financial and governmental systems. Blockchain: how it all started and widening its context As applied in the [...]

The potential of Blockchain and its expanding scope for changing society’s systems2017-09-18T10:16:01+00:00

The peak of the Hype Cycle of emerging technologies

Santander leaving the R3 Blockchain technology consortium is another sign that Blockchain is approaching the ‘Peak of inflated expectations’. Every financial institution has initiatives or Blockchain proof of concepts in progress but industry wide adoption will only be established when the ‘Through of Disillusionment’ phase in the Hype Cycle is passed. Gartner Inc’s ‘Hype Cycle [...]

The peak of the Hype Cycle of emerging technologies2017-01-09T15:32:52+00:00

The paradox called ‘the Blockchain’: an evolutionary innovation with the implication of Digital Identity

An army of fintech innovations is just around the corner to make their big introduction and the Financial Services sector couldn’t be more excited. Especially the Blockchain and its implementation process are stirring up the conversation. The Blockchain technology is a subtype of the centralised ledger concept where, instead of one middle party, financial transactions [...]

The paradox called ‘the Blockchain’: an evolutionary innovation with the implication of Digital Identity2016-08-26T07:36:50+00:00