So I’ve talked about Banking-as-a-Service for some time, but what about Crime-as-a-Service? It does exist on a pay-as-you-blow basis. Europol were one of the first to note this trend, in a report published late last year (from ITPro): According to the organisation’s 2014 Internet Organised Crime Threat Assessment (iOCTA), the model allows cybercriminals to develop sophisticated malicious…
So yesterday, I said that bitcoin will not escape the regularity focus. This is a philosophical debate, rather than a technical one, and may be decided by the precedents that have gone before as the internet of money is actually Net 6.0. What I mean by this is that the internet has undergone at least…
I often have these debates with the bitcoin community about whether you can really have money without government. Let’s not call it money without government even, let’s just focus upon the question of whether you can have value exchanges that are unregulated. The main protagonists for bitcoin continually tell me this is the reality. They…
I always like to start the New Year by making a bunch of predictions, but have been beaten to it this year by the Financial Times. Therefore, I will make some specific banking and technology predictions this week but, as I like to look at the economic and social changes in the year, the easier way to…
I always like to start the New Year by making a bunch of predictions, but have been beaten to it this year by the Financial Times. Therefore, I will make some specific banking and technology predictions this week but, as I like to look at the economic and social changes in the year, the easier way to…
I just spent a couple of days talking about cryptocurrencies and the bitcoin thing again. This time in Oslo at our fourth meeting of the Financial Services Club Nordic Region. It still amazes me how many misperceptions and distorted views there are out there about this area. One guy came up to me and said,…
I just spent a couple of days talking about cryptocurrencies and the bitcoin thing again. This time in Oslo at our fourth meeting of the Financial Services Club Nordic Region. It still amazes me how many misperceptions and distorted views there are out there about this area. One guy came up to me and said,…
So I made a slightly provocative comment, as it turned out, during my keynote at PaymentsNZ. It was picked up and referenced by Richard Meadows in yesterday’s article: “[Skinner] said the coding behind virtual currency Bitcoin could also prove to be enormously transformational, potentially even replacing the SWIFTnetwork for inter-bank payments”. This created a lot…
Blimey!!! When you start debating nuances of things with the Bitcoin community, it doesn’t ‘arf get into a pedants dream. In this case, we clarified some of the dialogue about the blockchain and bitcoin yesterday. The net:net of that discussion is that you have to a have a native currency to use the blockchain. It…
