President Trump Sanctions Russia and Russian Officials Thursday, The Trump Administration accused Russia of a concerted operation to hack the US energy grid and other critical infrastructure including aviation, and separately imposed sanctions on a number of Russian officials for alleged high-tech interference in the 2016 US Presidential election. The moves were the strongest to […]
Readers Keep Asking, “What is Bitcoin Gold Really?” $BTCUSD,$BTG Cryptocurrency forks of various types take place regularly. Even Bitcoin has experienced several different iterations and branches this way, and now 1 of the largest and most discussed Bitcoin forks happened late in Y 2017. Bitcoin Gold was a hard fork of the original open source cryptocurrency which took […]
‘Skin in the Game’ What that Means, How it Works When selecting a surgeon for your next brain procedure, should you pick a surgeon who looks like a butcher or one who looks like a surgeon? The logic of skin in the game implies you need to select the one who (while credentialed) looks the least like […]
Bitcoin Leads to ‘Revolution’ in Commodity Trading $BTCUSD, $IBM, $UBS The rise of Bitcoin is amazing the world’s financial gurus, and now blockchain, the digital-ledger system is set to do the same in Y 2018 for trading in raw materials commodities, as it is being adapted to streamline physical transactions. Two months ago 4 banks joined […]
Saudi Stock Exchange Upgrades Systems The upgrade will enable market members to provide new categories of securities and services to investors The Saudi Stock Exchange (Tadawul) has announced an agreement with Nasdaq to develop new clearing and settlements systems. The deal will see the current Tadawul registration, filing and settlement system replaced by a central […]
Central Banks are Not Innovators, Bitcoin Threatens $BTCUSD The Big Q: Should central banks embrace cryptocurrencies, or even pioneer their own? The Big A: No. Cryptocurrencies aka crypto assets, are a new and unusual financial medium innovation, and to centralize them in a bureaucracy is wrong. However, the POBC, China’s central bank, says it is working to […]
Dubai’s Annual Innovation Showcase This year’s GITEX Technology Week proved to be a Key barometer of the Emirate’s progress in becoming a Digital Hub Again this year’s GITEX Technology Week in Dubai was a showcase of the latest and greatest innovations from the world over. Dubai Police drew international headlines with a hover-bike produced in […]
Banks Desperate to Stop Cryptocurrencies Like Bitcoin $BTCUSD, $JPM Recently, Jamie Dimon, CEO of JP Morgan (NYSE:JPM) said publicly that Bitcoin is a fraud that is waiting to blow up. The story came a month after China’s ban on Initial Coin Offer (ICO), an unregulated way of raising financing by cryptocurrency startups. Following the statement, […]
US Securities Regulator Admits Filings System ‘Hacked’ The US Securities and Exchange Commission (SEC) says a cyber breach, aka Hack, of a filing system it uses may have provided the basis for some illegal trading in Y 2016. In a statement posted Wednesday evening on the SEC’s website, the new SEC Chairman Jay Clayton says […]
The Future is in the Now, Join in Make it Happen The World is Changing Before Our Eyes, Benefit as it Happens All Around You. The world is changing; the Internet has enabled a democratization of employment on an scale never seen before in history. We are in a post-industrial uprising, it is the entrepreneurial revolution, the […]
Dubai Launches Future Accelerators Program Those selected for the program will have 3 months to come up with a prototype or business plan that can be applied to the entire city Dubai has officially launched its Dhs1bn ($270-M) Future Accelerators program designed to make the city an innovation hub. The scheme pairs government departments with […]
