Asset Transfer Revolution:  Who Manages The Bitcoin Blockchain For The Long Term?

Asset Transfer Revolution: Who Manages The Bitcoin Blockchain For The Long Term?

Glenbrook and PSCU have released a white paper “Blockchain and the Credit Union - The Asset Transfer Revolution.” The authors hope that this white paper will shape the future use of the Blockchain in the credit union industry. PSCU has been providing traditional as well as online services to credit unions, representing at least 800 credit unions. Glenbrook is a payments industry strategy consulting and research firm. Credit unions have an important role to play in the world of finance. They are a service provider whose primary motivation is the satisfaction of their members, rather than....


Related News

Bitcoin and Public Blockchains Will Power the Smart Contracts Revolution

As the study of 'smart contracts' went from strange academic curiosity to the cutting-edge of FinTech, most market observers are still wondering just how this revolution in value transfer works. Smart contracts, for those who still don't know, are small bits of code attached to an asset, which determines where and how the underlying asset will perform based on events in the network. The promise of financial instruments that are routed through the economy autonomously, and without need for intervention by a custodian, is immense. But exactly how does such a technology work? And what makes a....

Revolution Banking 2016 Talks About the Blockchain Revolution

Many participants at the Revolution Banking 2016 event in Spain were interested in the Blockchain technology, which resulted in a lively discussion during the event Where is the blockchain heading? Whether the distributed ledger technology really has the potential to solve the issues currently faced by the banking and financial sector? These were some of the topics discussed in the last month’s Revolution Banking 2016 summit, which happened in Madrid, Spain on the 10th of May 2016. Revolution Banking 2016 was an event focused on new technologies, innovations, and collaborations in the....

Bitcoin Bull Mike Novogratz Insists ‘Crypto Revolution Has Happened’ Despite ...

Galaxy Digital CEO Mike Novogratz says that despite massive sell-offs across a broad range of cryptocurrencies, the story of crypto has not changed and “the crypto revolution has happened.” While viewing the current market as a “liquidation event” and a setback, Novogratz still believes in the long-term adoption of bitcoin. Crypto Revolution Amid ‘Liquidation Event’ Mike Novogratz shared his view on the crypto market in an interview with CNBC this week. He calls the bitcoin plunge a “liquidation event” that feels like capitulation. The Galaxy....

Bitcoin: Welcome to the Fourth Industrial Revolution

The Fourth Industrial Revolution is profoundly altering everything around us, even the way we live. This revolution promises to create greater efficiencies in all industry sectors and to spectacularly maximize human wellbeing. However, for the Fourth Industrial Revolution to be successful, an open, borderless, payment protocol must be in place. This....

Blockchain Promises Banks A Lot, But Full Benefits Will Be Long-Term

Paul Schaus, CEO at CCG Catalyst, a bank management consulting firm, argues in American Banker that banks’ investments in blockchain technology will come to full fruition in several years due to regulatory uncertainty, but it will provide some benefits short term in improving internal operations. He argues that banks must have realistic and long-term expectations. Schaus noted that an IMB survey of 200 global banks indicated 15% will introduce blockchain-based products next year, and 65% will have them in the next three years. Expectations Must Be Tempered. Banks have to temper....