Offshore Services Providers Are To Be Wiped Out by Blockchain
With the Trump effect and the promise of lower corporate tax rates (35 percent to 15 percent), we are likely to see a resurgence of moving jobs back onshore. However, not all of this will be done by people. Overcapacity in outsourcing. Why would any organization these days outsource anything using offshore labor arbitrage? As many IT (ITO) and business process outsourcing (BPO) contracts come up for renewal, the question remains, how many rebids will be successful - 50 percent, 25 percent or 10 percent? There is overcapacity in outsourcing as demonstrated by further mergers - HP acquiring....
Related News
Regardless of which email provider a consumer uses today, all of these services are centralized in their very own way. Let’s take internet service provider mailboxes, for example, which are complementary when signing a contract with one of these companies. They offer a handful of free mailboxes to the customer, but there are strings attached that are not....
The recovery in the price of various crypto over the last week has been evident in various areas of the market, and the offshore premiums have not been let out. The offshore basis numbers also reflect the returning positive sentiment across both retail and institutional investors. This turn of the tide from the brutal June […]
The Financial Crimes Enforcement Network wants U.S. persons who hold crypto in offshore accounts to report holdings over $10,000.
Popular digital currency exchange BTC-e announced today it would begin trading in Chinese 'offshore yuan' (CNH), becoming the first international bitcoin exchange to offer both US dollars and yuan, and opening a field of new opportunities for currency speculators. "We are pleased to inform that new trading instruments with Chinese offshore Yuan has been added. Now btc-e clients can trade 3 new instruments. A unique trading instruments that enables you to benefit either from price fall or increase are now available in your btc-e MetaTrader4 and WebTrader platforms under following symbols:....
Over the past few months, there have been some minor headlines regarding the UK government looking closely at blockchain technology. Credits has announced their strategic partnership to deliver blockchain-as-a-service to the UK public sector. The name Credits may ring a bell among blockchain aficionados as they are one of the blockchain infrastructure providers in the world. Their bread and butter is helping organizations in building robust blockchains focusing on authentication, reconciliation, and provenance. Moreover, the Credits blockchain solution is interoperable with existing legacy....