Posts Tagged ‘opinion’

Binance’s Venture Fund Head Is Waiting for ICO Bubble to Burst

Ella Zhang is in charge of investing $1 billion in blockchain-related businesses, yet her view on the market isn’t too rosy. Zhang, who joined cryptocurrency trading platform Binance to lead its venture incubator Binance Labs less than two months ago, said that while the bull market is positive because it attracts more users, the truly good projects […]

Disillusioned Token Investors Demand Real Talk About Risk

More and more investors who are passionate about blockchain technology become frustrated with a lack of tangible progress on professional risk management strategies across major token projects.  Yet this disillusionment hasn’t slowed the race to get involved, with more than $6.3 billion raised through ICOs during the first quarter of 2018 alone. Against that backdrop, veteran cryptocurrency […]

Nasdaq CEO Adena Friedman on new technologies in fintech

Nasdaq CEO Adena Friedman speaks to Intel Capital President Wendell Brooks about new technologies in fintech, IPOs and inclusion and diversity. View the video

Traditional banks can be the ‘trusted face’ of fintech and online finance firms

In a recent survey of 400 banking executives, banking software provider Temenos said more than 53 per cent of respondents cited e-financial services like PayPal, Alipay, WeChat Pay and Apple Pay as their biggest non-traditional competition in the next two years. But their relationships could be complementary and not necessarily purely competitive. Banks can use their […]

The DAICO: ICO Savior Or Wolf In Sheep’s Clothing?

Last week, a gaming platform called The Abyss closed its sale and launched one of the first decentralized autonomous initial coin offerings (DAICO). Originally proposed by Vitalik Buterin, the DAICO aims to empower investors and provide more accountability to a rattled ICO market. In a traditional ICO, a development team receives the entire amount raised in one lump sum […]

Digital Disruption: How Fintech is Pushing Banks to Change

Fintech has brought unprecedented disruption in the financial services ecosystem. Legacy financial institutions looking to become digital-enabled face two main challenges. First, the business models and personal skills that have served the industry well for decades has been disrupted by digital innovation and no longer works in the new banking ecosystem. Second, attempts to create new, […]

Fintech: Next wave of innovation to focus on B2B needs

Inter-business transactions can be a headache for small and medium enterprises (SMEs) due to the extensive documentation required, not to mention the cost of transferring funds. Fintech could provide the solution, says Kerry Agiasotis, managing director and executive vice-president of Sage Asia Pacific. He believes that payment-related fintech solutions could help drive real efficiencies in […]

Fintech is disrupting big banks, but here’s what it still needs to learn from them

Much of the hype around fintech focuses on what traditional banks do wrong: they’re slow to adopt new technology; they don’t center the customer; they’re too big to respond nimbly to change. This narrative is part of why fintech continues to attract massive investment, with $31 billion total flowing into the sector last year, according […]

Move ‘Em Out: ICOs Don’t Seem So Scary Outside the US

In an environment of regulatory uncertainty, where the SEC has begun investigating ICOs and the industry surrounding the capital raising technology but has yet to make a formal decision of how it will regulate crypto tokens, issuers and other stakeholders are finding other jurisdictions a better bet for launching their projects. Both on stage and off during Blockchain […]

E-Commerce Giant Alibaba’s Jack Ma Says Blockchain Is Not a Bubble, Bitcoin Is

Jack Ma, the founder of Chinese e-commerce giant Alibaba, spoke out at the 2nd World Intelligence Conference in Tianjin, saying that blockchain technology is not a bubble, but Bitcoin is. Ma said he has been researching blockchain for years, and believes strongly in its potential to address issues of data privacy and security for society […]