cryptocurrency

When are stable coins useful?

Global payments revenue grew by 11 percent from 2016 to 2017, according to the McKinsey Global Payments Report, and is projected to grow a further 9 percent per year until 2022. Counter-intuitively, this can be partly attributed to the declining cost of payments, McKinsey says. As cheaper electronic payments continue to replace cash and cheque, […]

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Blockchain in higher education: Preparing students for the future

Blockchain is rapidly becoming a force within higher education, even going so far as to challenge the very foundation of how skills and qualifications are measured. Innovations such as microcredentials and blockchain-based certifications have made blockchain one of two key technologies, along with voice assistants, that will have the biggest impact on higher education over […]

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What is a central bank digital currency?

From bank hackers to a cashier giving you the wrong amount of change, the current financial system is wrought with both technical susceptibilities and human error. By using blockchain technology to build upon the current framework, a central bank digital currency (CBDC) could lead to improvements on the current payments system while reducing overall costs […]

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Episode 8: How blockchain changes the world of financial services

  Listen to this IBM Blockchain Pulse Podcast episode and others on iTunes, Spotify, TuneIn and Stitcher.   Blockchain and the importance of a toolset Karl Muth is a teacher, strategist, speaker and investor. He has spent his career advising, investing in, and starting new companies and wears many hats on both the professional and […]

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Looking at how the next ten years of blockchain can change lives

In 1973, the U.S. Department of Defense sought a solution to locate its military units, operations, and targets anywhere on the planet. By the beginning of the 1980s, 24 satellites in orbit became what today we know as GPS. Today we use the Global Positioning System everywhere! Cars, phones and multiple devices use a solution […]

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How to outsmart crypto thieves with blockchain-based security

Over the past several years, digital intruders have stolen millions of dollars’ worth of cryptocurrency. Some crypto exchanges have been hit multiple times; some even went bankrupt. Last year’s series of record-setting hacks seems to indicate that crypto exchanges have a long way to go when it comes to protecting their clients’ digital assets. IBM […]

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The people’s blockchain: Social factors influencing adoption

Every new product that enters a country is pushed and swayed in success levels by factors ranging from market need to purchasing power to social dynamics. The same is true for new technologies, like the internet. In the data visualization below, we see that countries with a high need — defined by the absence of […]

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Crypto Castle: Once a Bitcoin heaven, now lies in ruins!

Money has turned many faces ever since its inception. From gold to paper to plastic even. One thing is for sure, though. It’s never about the material per se. No, the real essence of money lies in its insubstantial value — one that’s recently taken a liking to a virtual form of currency. Virtual, because […]

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Unbanked to big banks: How crypto facilitates financial inclusion

With the advent of Bitcoin and other cryptocurrencies, many are heralding a new age of digital native money that is meant to transcend the physical boundaries of its predecessor. But before we dive into how cryptocurrency is being used today as a new form of money, we must ask the question, “What is money?” This […]

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