We stand on the brink of a fourth industrial revolution, which will fundamentally alter the way we live, work, and relate to one another. New technologies are dramatically transforming our economic systems, and our society in general, into something very different from what we were used to thinking about over the last few decades.
ADVISORY SERVICES AND FINTECH EXPERTISE
An advisor on digital transition and transformation for the industry, institutions and startups specialising on Fintech forms of new digital finance, like Bitcoin and digital currencies, powered by distributed ledger technologies
RESEARCH AND TRAINING
Support to executives and decision makers who look towards the digital evolution by providing crucial insight and breakthrough on research activities while contributing with training and education at all levels.
What the Internet did for information,
Blockchain is doing for money with
the Internet of value exchange.
Blockchain, the technology behind Bitcoin, enables new forms of distributed software architecture to be developed where networks of unknown and potentially untrusted participants can establish agreements on shared states for decentralised and transactional data without the need of a central point of control or authority. From an ICT perspective, blockchain is a technology that allows to record ownership of on(off)-chain assets and rights (obligations) arising from (smart) agreements. From an Institutional economics perspective, blockchain allows to design and establish new forms of decentralised governance structure for coordinating people and making economic transactions.
Blockchain owns the necessary preconditions to become more disruptive than the Internet. It is set to fundamentally transform our global socio-economic system. Allowing anonymous partners to transact securely without the need for a third party or central authority, the technology provides a basis for incorruptible, transparent records of transactions – from payments, to contracts, to voting, to medical information. In the short term Blockchain is projected to reap $110bn in cost saving for the financial industry by 2020, whilst in future it promises to establish unilateral pan-global access to legal and financial services, by fostering the creation of peer-to-peer economies.
News & Announcements
REA, Triple-Entry Accounting and Blockchain: Converging Paths to Shared Ledger Systems
Authors: Tasca P., Ibanez J.I., Bayer C.N., Xu J. Source/Publisher: SSRN Publication Date: 2020 Download: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3602207 In recent years, the concept of shared ledger systems offering a single source of…Read More