Alpesh Doshi recently held a talk with Fintricity’s consulting partner, KPMG. The presentation was kindly scribed and shared with us, to share with you!
Things are moving at lightning speed right now and whilst 2017 is the year to explore, in 2018 we will see the leading companies successfully productionise DLT on a global level. You do not have the luxury to wait until others have failed, you need to earn your own stripes. Therefore be agile, be bold, be brave, and have fun!
Recently, the UK’s Department of Work and Pensions (DWP) trialled the use of the blockchain to pay welfare benefits to the unemployed and disabled, and this raised privacy concerns. The scheme would see claimants receive and spend money using an application on their phones. And with their consent, their transactions are being recorded on a blockchain to aid financial management.
If you’re asking yourself whether the hype around blockchain is worth looking into it, the answer is yes. You should definitively look to understand what the is fuss all about because there is a high probability that it will impact your work, your business and potentially your day-to-day life much sooner that you realise!
Recently we were tasked with designing a live blockchain pilot for a major industrial client outside of the Financial Services industry. This was an interesting project as it included educational, product development and practical software building aspects.
Asset Managers (as well as the wider financial services industry) have gone through difficult times over the past 9 years, and regulators have hampered their growth and imposed significant burdens on them to continue to do business.
We might not be seeing a full-blown revolution to taxpaying in 2017, but notwithstanding we can envisage the full automation of tax remittance and easier compliance by means of the blockchain technology.
We thrashed out 24 hot blockchain topics and opened the discussion to the floor. Let’s take a look at what we discussed and some of the interesting points that came up.
This blog looks at the definition of markets, which role technological advances play and how digitalisation is the catalyst for disintermediation, blurring established market boundaries.
“Blockchain is everywhere, blockchain is the hot stuff, blockchain, blockchain, blockchain…” Everybody is talking about blockchain all the time.. but is that really the case?