Why the Buy-Side Should Get Off the Blockchain Sidelines
Blockchains have attracted significant interest in the financial sector, a rare occurrence for a new technology in an industry not known for being at the forefront of technological innovation. However, dig a little deeper into where the interest is coming from, and you’ll see a host of sell-side financial institutions and back-office groups working on prototypes. Most of the R3 consortium members, for example, are sell-side banks. Notably absent is the buy-side, made up of pension funds, mutual funds, hedge funds, private equity and other money management firms. The buy-side has different....
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JPMorgan Chase and consultants Oliver Wyman have joined calls for traditional investment banking to “embrace the Blockchain” or be left disadvantaged. JPMorgan: ‘Get Off the Sidelines’. In a joint report issued last week, the firms described the current industry mood as “a consensus… forming that [Blockchain] is the real deal.” “Disregarding it is a....
The 20-day EMA and 50-day SMA are often used by traders to observe the market’s momentum and calculate the best time to enter and exit an asset. The first step to successful trading is the identification of medium and the short-term trends. Traders who remain on the right side of the trend and use risk management principles usually end up earning profits. An equally important activity in the trading process is calculating the entry.Many times, traders are afraid to pull the trigger in the optimal moment and miss a large part of the rally. As they see the markets move higher from the....
If blockchain companies continue to neglect to acquire patents, they will struggle to convert their ideas into commercial success. Twitter plays defense with its patents, Square has launched a consortium — which includes Coinbase — to pool crypto patents and Alibaba is well on its way with its mission to overtake IBM in the blockchain patent wars. Many startups don’t take the necessary steps to protect their innovations, and that’s a big mistake. Particularly in blockchain, an open-source philosophy embedded in the space makes many entrepreneurs eschew the competitive, territorial....
For better or worse, we live in a post-Merge world. Ethereum is finally a Proof-Of-Stake blockchain. The switch is among the most important and divisive news of the year. The Ethereum side sees it as a technological wonder and the bitcoin side as a great mistake. For the first time since we started the Crypto […]
Regulators are no longer standing on the sidelines of distributed ledger innovation, says Gibraltar’s Minister for Digital and Financial Services.