Application of Blockchain Technology for KYC The inception of blockchain technology manifested through Bitcoin, a peer-to-peer digital cash scheme where digital currency is transferred on a purely peer-to-peer basis, without the need of intermediary. Blockchain is a unique mix of several breakthroughs, including cryptography, distributed ledger technology and smart contracts. These technologies enable the...Read More
Blockchain Technology – The Future “Beating Heart” of the Financial Sector Financial institutions around the world find themselves continually challenged by the emergence of innovative digital financial technologies that demonstrate new ways to deliver value across the entire financial value chain. Blockchain is just such a disruptive innovation. This technology that first became known...Read More
Asset Tokenization Using Blockchain: A New Trend in 2018? In the beginning of December 2017, the president of Venezuelan and high-level government officials announced about their plans of issuing “petro” cryptocurrency that will be backed by 5.3 billion barrels of oil worth US$267 billion. Regardless of those news of government-oil backed cryptocurrency coming...Read More
Smart Contracts 101: Will Smart Contracts Replace Lawyers (By Charlotte Lian) Introduction Smart Contracts and distributed ledger technology (‘DLT’) are gaining increasing levels of attention from a variety of industries that perceive it to be an efficient way to simultaneously cut costs through automation while also increasing the security of industry practices. Deceptively named,...Read More
Governmental Adoption of Blockchain: Part I (By Johnny Hong) Blockchain for Efficiency and Security Numerous nations across the globe are turning to technology to help optimize how governments operate and how they interact with their citizens. Estonia’s e-Government allows e-ID holding residents to perform actions ranging from voting to filing taxes to accessing medical...Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.