The main blog discussions this week include … Are you real or fake? I watched the recent series Capture on the BBC where real-time images can be distorted and changed. This moves from CCTV images to live television. It’s all about deep fake technology where a person can appear to be ‘live’, when it’s just a fiction….
I was called out by Nick Kerigan, Head of Innovation at SWIFT, when I accused SWIFT of becoming a sloth a year ago. So, I was interested in the latest announcement that shows the aim of SWIFT to be the arbitrator of CBDCs (Central Bank Digital Currencies): SWIFT has successfully shown that Central Bank Digital Currencies…
I’m watching things every day, and am immersed in DeFi, CeFi, WiFi and HyFi (not forgetting ReFi), but I read something the other day and thought: WTF? Let’s share it. Just bought an airplane ticket without having to add my name to it, and then I listed it to sell it back. This was through the TravelX protocol…
I got into a debate about currencies the other day. A colleague said that the future of money was power. Well, all power is based upon money, and his point was that money would be based upon power. The energy industries. Oil, gas, electricity. These are the key industries providing energy to the world. True,…
For years, we have debated privacy versus identity. I am all for privacy, but governments are all for identification. If we can identify you, we can tax you. If you are private, you’re off the grid. It’s a balance. The most private way to deal with money is with cash. Cash can be transacted off the…
I watched the recent series Capture on the BBC where real-time images can be distorted and changed. This moves from CCTV images to live television. It’s all about deep fake technology where a person can appear to be ‘live’, when it’s just a fiction. Capture is like an extended episode of Black Mirror. It’s also…
This week’s main blog discussions included … The FinTech Bloodbath Back in January, I called 2022 the Big Regression for FinTech. Ten months later, sure enough, it is. Daily headlines about losses and layoffs are gathering non-stop, and storm clouds are gathering fast to demand market change through consolidation and merger. FinTech London’s double bloodbath…
During the week I tweeted an interesting quote from a start-up firm "A database using blockchain technology to keep track of almost every gold bar in the world"https://t.co/8yd7eHMuBj — Chris Skinner (@Chris_Skinner) October 16, 2022 The story is based upon a reimagining of the gold trade. As Bloomberg explains: Trading on one of the world’s…
The biggest banks in the world are regularly advertising their green credentials, whilst killing the world. They claim to invest in green projects, which are trivial to the amounts they are lending to companies creating emissions and destruction. It’s kind of like a family where you say aren’t we good and then spending the evenings…
After my FinTech Bloodbath post, there was a really interesting conversation on LinkedIn about the post. Some positive: Thanks Chris – another excellent article about the fintech landscape. Interesting the article cites 3 type of firms with a positive outlook: companies that reduce inefficiencies – solving problems create new revenue lines for their clients –…
