Transferring money from one person to another is relatively easy if you are in physical proximity, in the same time zone or national financial system. But what if your counterparty […]
Payment lies at the origins of money and a promise to pay still supports public currency. The Bank of England promises to pay…but what? As if to reinforce the belief […]
I meet technologist Dave Birch on a cold, wet January afternoon at Patisserie Valerie in Old Compton Street, a café in London’s Soho district. This is the original branch of […]
A new Bank for International Settlements (BIS) report has reignited the debate over cryptocurrencies’ long-term viability. In a research paper released this week, Raphael Auer of the BIS’s Monetary and […]
Bitcoin miners secure the cryptocurrency’s network and mining has evolved into an energy-intensive, highly specialist industrial activity. But is bitcoin mining a totally unnecessary waste of electricity? Or could it […]
As developments in computer science promise huge advances in processing power, some cryptocurrency designers are aiming to ensure their digital moneys’ underlying code does not become obsolete. Cryptocurrencies—and all the […]
While cryptocurrency exchanges, trading firms and investment funds lay off staff in droves, one sector is bucking the last year’s savage bear market: data provision and analytics. Several companies involved […]
The world’s central banks are proving reticent to introduce digital currencies, despite mounting market pressures for them to do so, according to a new report from the Bank for International […]
Expectations that cryptocurrencies would grant their users complete anonymity have proved wide of the mark. But the debate over digital money and privacy may just be beginning. [This article is […]
One of the most obvious potential applications of distributed ledger technology is in financial record-keeping. Blockchains promise greater efficiency and higher resiliency, say the technology’s advocates, as well as cutting […]