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The heart of the blockchain use case: digital proof (Everledger case study)

I don’t normally blog about a particular start-up or specific company, but today’s an exception as there’s a company that’s caught my eye because it’s appearing everywhere.  Literally every tech show I’m attending, they’re there and winning awards.  This company won €30,000 in the BBVA Open Talent Competition last September, a Meffy award in October…

Who’s afraid of the big, bad bank?

I just discovered Thomson Reuters predictions for 2016 with two related to Fintech that stand out: There is no Uber of Finance Most Fintech start-ups will partner with or be acquired by banks Interesting.  I have blogged before that the Uber of Finance is the blockchain, so maybe don’t agree with that statement, but the…

Is there any good news out there?

I’ve been wondering how this year would start and so far the answer seems badly.  What with David Bowie’s death on the same day as I catch man-flu, could it get any worse?  Well yes.  I wake up to the headline: Sell everything ahead of stock market crash, say RBS economists.  NNNNOOOOOOO!!!!! Royal Bank of…

2015 was the year of the blockchain

The world is still very confused about bitcoin.  For example, some press are still writing the old stories about the phenomena as an investment: Man buys $27 of bitcoin, forgets about them, finds they’re now worth $886k.  It makes for a good headline, but reinforces the view that bitcoin is just some basketcase currency, rather…

The Waterfall Effect: why blockchain is still a decade from mainstream

I’m often asked how quickly the changes I outline will take place, and my answer is between 10 and 20 years.  The building of the real-time, almost free financial network on the internet using blockchain and mobile will take about a decade at least before it becomes mainstream.  Oh, some go.  That’s a way off. …

Things worth reading: 24th November 2015

Things we’re reading today include … Spanish lender BBVA ‘buys 30pc stake in UK bank Atom’ HSBC To Cut 2,000 Jobs In Commercial Bank Unit Bankers are still paid too much – Deutsche Bank’s Cryan Samsung Pay now works with Chase Bank UK ‘failing to stop corrupt money’ UK still a safe haven for dirty…

Welcome to the Whitechapel Think Tank

At the start of 2015, I was honoured to be invited to join a new group called the Whitechapel Think Tank. The group was initiated by Jeremy Wilson, Vice Chairman of Barclays Corporate Banking and John Edge, Managing Partner, RRVIG. The first meeting called together UK Government, Treasury and the Bank of England, Barclays thought…

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The end of a ‘bank account’ as the digital me takes over

I had a really interesting conversation with Chris Barker, Head of Digital and Engineering for Royal Bank of Scotland.  As usual, the conversation moved around data analytics, deep learning, artificial intelligence, building enterprise data systems, separating content from processing, re-platforming the back-end infrastructure and core systems and more.  I’ll write more about that stuff tomorrow,…

What does the blockchain mean for our payment systems?

I don’t know about you, but I’m completely confused about blockchains, sidechains and such like.  I admit it.  It’s beyond me and, if it’s beyond me, gawd knows how normal folk will make it out.  The reason it’s so confusing is that we’ve recently seen the rise of blockchain companies like R3, Ripple, Erethreum, Eris…

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