Why Your Business Needs a Blockchain Czar
Despite its rising importance in finance and business, the blockchain is not going to make a big impact until it reaches the highest level of corporate echelons, the boardroom. While some boards have been discussing the blockchain, the nature of these discussions means they often treat their subject matter as a curiosity. Boards with blockchain visionaries driving innovative agendas from the top down are, without a doubt, the absolute minority. For many, this is because they have not sought to define a blockchain strategy. For example, a serious boardroom discussion is not likely to happen....
Related News
The state of New York is working to rebuild its power grid as a distributed platform, creating incentives for the powerful utilities companies to work with upstart innovators instead of competing against them. An unanticipated side-effect of the effort is that the environment has proved a fertile stomping ground for LO3, a startup using the Ethereum blockchain to give people the ability to sell solar energy directly to one another. While the state’s so-called "energy czar" Richard Kauffman said the government projects don’t intentionally foster an environment beneficial....
Michele Korver’s appointment to the U.S. Financial Crimes Enforcement Network promises to reduce illicit financial practices within the crypto space. In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.Talk about ending a stellar career at the United States Department of Justice with a bang. The DoJ’s first-ever “crypto czar,” Michele Korver, advised government....
William Mougayar is a Toronto-based angel investor and four-time entrepreneur who advises startups on strategy and marketing. In the first of this three-part series, he discussed how banks dealt with the emergence of the Internet and how blockchain technology is causing these institutions a whole new headache. In part two, Mougayar looked at why banks should start embracing blockchain technology. Here, in part three, he explores the steps banks should take to make sure they lead the blockchain-banking revolution. What should banks do? Don't just do pilots that automate old processes.....
Blockchain has captured the imagination of the world and has even won applause for the various benefits it can provide from several sections. CapitalBlock uses the technology behind virtual currency Bitcoin, blockchain, and specializes in providing sharp guidance, advice, and also provide for inputs in developing strategies for the firms and clients who are willing to try this technology to fire their ambitions. Enhancing the profit of a business is the primary goal of CapitalBlock and it offers services such as: 1.)Business Consulting: CapitalBlock provides consultancy and helps a....
The ICIJ’s report suggests the “Bitcoin czar” may have been a member of the Carbanak hacking group. The International Consortium of Investigative Journalists (ICIJ) has identified a major crypto criminal among those exposed to have funneled funds into shadowy tax havens by its Pandora Papers.According to an Oct. 3 ICIJ document summarizing the organization’s findings from its Pandora Papers investigation, offshore assets belonging to a so-called “Bitcoin czar sentenced for money laundering in connection with the largest cyberheist in history” were identified to be handled by one of the....