While growing interest in blockchain technology from companies to governments shows little sign of abating and even the Chinese authorities are looking to create their own digital currency, the power of this technology is also being harnessed for deployment in other industries –(...)
Former head of J.P. Morgan's blockchain arm is no longer on Wall Street. But the former insider says major banks like her former employer could get into the cryptocurrency business imminently. "I think it's coming sooner than people probably think," Amber Baldet, Former head of(...)
LONDON — The former CEO of Visa in the UK and Ireland has joined a new cryptocurrency startup that hopes to make spending crypto an everyday occurrence. Marc O'Brien, who led Visa UK & Ireland from 2008 and 2014, has joined Crypterium as CEO.
At the height of so-called blockchain week in New York City, a near-tornado descended on the financial capital of the world. It was as if Mother Nature wished to smite the unruly tribes of cryptocurrency enthusiasts gathered on Manhattan island.
HSBC said it has performed the world’s first trade finance transaction using blockchain technology. Here’s what happened: HSBC issued a letter of credit for U.S. food and agriculture firm Cargill to Dutch lender ING.
An Initial Coin Offering, also commonly referred to as an ICO, is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. It’s somewhat similar to an Initial Public Offering (IPO) in which investors purchase shares of a(...)
The development of renewable energy technology and the Internet technology will accelerate the dissemination of the new system. In this light, this study compares the major P2P electricity trading cases being promoted and reviews the potential development and future challenges.
In recent years a new type of tradable assets appeared, generically known as cryptocurrencies. Among them, the most widespread is Bitcoin. Given its novelty, this paper investigates some statistical properties of the Bitcoin market.
Fintech brings about a new paradigm in which information technology is driving innovation in the financial industry. Fintech is touted as a game changing, disruptive innovation capable of shaking up traditional financial markets.
The paper investigates the proprieties of Bitcoin in the financial markets. Specifically, we explore the conditional cross effects and volatility spillover between Bitcoin and financial indicators using different multivariate GARCH specifications.
To its proponents, the cryptocurrency Bitcoin offers the potential to disrupt payment systems and traditional currencies. It has also been subject to security breaches and wild price fluctuations. This paper identifies and analyzes the impact of suspicious trading activity on the(...)
For regulators to understand blockchain's cybersecurity benefits and risks, they must first have a deeper understanding of the technology – and businesses hold the key to that, according to new research.
Big data and data analytics has evolved to become an indispensable facet across all industries, enabling new advances in management strategies, product development, and data insight that has never before been possible.
Current popular and widely adopted Online Social Networks (OSNs) all follow a logically centered architecture, by which one single entity owns unprecedented collections of personal data in terms of amount, variety, geographical span, and richness in detail.
Cryptocurrencies, such as Bitcoin, have ignited intense discussions. Despite receiving extensive public attention, theoretical understanding is limited regarding the value of blockchain-based cryptocurrencies, as expressed in their exchange rates against traditional currencies.
Two billion people in developing economies have limited or no access to formal financial services, creating cause for substantial research interest in financial inclusion as a complex multidimensional phenomenon.
Blockchain acts on a big data analytics because transaction data belongs to streaming data and high-dimensional data from distributed computing network. Accordingly, such operation produces irrelevant data problem and further poorly optimized traceability in blockchain.
There are several distributed ledger protocols potentially suitable for the Internet of things (IoT), including the Ethereum, Hyperledger Fabric and IOTA. This paper briefly presents and compares them from the IoT application development perspective.
With the advent of smart homes, smart cities, and smart everything, the Internet of Things (IoT) has emerged as an area of incredible impact, potential, and growth, with Cisco Inc. predicting to have 50 billion connected devices by 2020.
Over the past few years, Bitcoin has emerged as the first decentralized, global currency. The rise of Bitcoin has brought attention not only to digital currencies but also to the underlying technology empowering digital currencies: blockchain technology.
Blockchain, the distributed ledger underlying bitcoin, has attracted much attention and stimulated rich discussions. However, extant discussions are mostly conceptual expositions, and empirical evidence of how to use the technology is limited.
Blockchain refers to a range of general purpose technologies to exchange information and transact digital assets in distributed networks. The core question addressed in this paper is whether blockchain technology will lead to innovation and transformation of governmental processe(...)
Emission Trading Scheme (ETS) has dual aims to reduce emission production and stimulate adoption of long-term abatement technology. Whilst it has generally achieved its first aim, its issues are hindering the accomplishment of the second.