DeFi has unleashed a wave of innovation, offering exciting opportunities and the potential to create a truly open, transparent, and immutable financial infrastructure.
The utopia of a truly paperless trade finance industry will eventually happen, however one simple question remains: when?
DeFi, short for Decentralized Finance and also referred to as ‘Open Finance’, is a set of DLT-based financial services and applications intended to augment or replace the currently existing financial system (comparatively referred to as ‘Centralized Finance’).
Facebook recently announced a “blockchain powered currency” called Libra which appears to be a potentially game changing development in payments. Although there is scepticism and uncertainty, Facebook’s Libra initiative is something to be encouraged and applauded. With the caveat that FB needs to be watched very carefully as it has over the years proclaimed in its various mission statements that it wants to “move fast, break things, build things and add stable infrastructure”.
The “bitcoin mania” – referring to the tulip mania of the seventeenth century – has lost its momentum. However, what should really be looked at is the technology behind the… read more →
While Bitcoin was the first, there are currently more than 3,000 cryptocurrencies in circulation. However, there are just a handful that have real value and liquidity; many can be discounted… read more →
The Hive platform was launched recently to deliver automated invoice finance and new liquidity to SMEs through blockchain technology. We spoke to CEO Jure Soklic at the Hive Project about… read more →
The rise in trade-based money laundering (TBML), combined with the enormous regulatory fines and ongoing scrutiny from various government agencies, has created a need for enhanced financial transparency, specifically where… read more →