Bits on Blocks - Thoughts on blockchain technology
This short post gives an overview on how blockchains could impact financial inclusion and “banking the unbanked”. There are two parts to this: Financial inclusion: who counts as unbanked? (it’s not just poor people)...
A blockchain is a type of distributed ledger. But new distributed ledgers are emerging. These are databases where control over the data’s evolution is shared between entities. Here’s a handy cheatsheet.
This short post is inspired by a conversation I had recently with a couple of finance professors from top business schools who had some questions about blockchains.
I have heard this comment many times: “Blockchain” is a solution looking for a problem. That is incorrect – here’s the problem statement, originally articulated in 2008: The problem statement, to paraphrase, is “How...
The DTCC whitepaper (Jan 2016) was a very good read. I attempt to summarise it here.
Bits on Blocks by Antony Lewis is licensed under CC BY-SA 4.0
