Been having lots of conversations about digital identities and digital wallets lately. It is a theme that has been bubbling for years, yet seem to now be coming to a head. From the EU Digital Wallet and Identity program to India’s Aadhaar and UPI to Brazil’s Pix, there’s definitely something afoot. The core of the…
We just had the annual Oscar jamboree and congratulations to Anora for its five Oscars, and particular respect to Sean Baker who picked up four personally, something that’s never been achieved before. But Hollywood has an issue. No one knows where the money goes. I’ve just joined some friends to fix that. It came around…
Microsoft just unveiled a new chip called Majorana1 that it says will enable the creation of quantum computers able to solve “meaningful, industrial-scale problems in years, not decades”. Two months ago Google unveiled Willow, a chip that “can reduce errors exponentially as we scale up using more qubits” and can process a computation “in under five minutes…
After many years we have had many discussions of many countries and many banks talking about launching many central bank digital currencies (CBDCs). Today, only three countries have a live CBDC: the Bahamas, Jamaica and Nigeria. Doesn’t that feel a bit strange? Well, most governments are experimenting with CBDCs and SWIFT, to retain their control…
I shared a post the other day by Usman Sheikh, a serial investor based in Dubai. The post is asking the question whether AI can replace consultants although, to be more pointed, specifically McKinsey. How could that happen? McKinsey have the best and brightest minds in the world: they only hire graduates at the top of…
A quantum financial system, or QFS for short Maybe it’s the way my feeds are set up, but every day seems like a headline about cryptocurrency and AI these days. Take my daily things worth reading, and here’s a few examples just from last Monday. On crypto: Trump orders crypto working group to draft new…
