How Crypto Finance Will Transform the World……
A presentation by Johann Gevers’ at the 2015 Finance 2.0 / Crypto conference in Zürich on 2015-09-23. Source Monetas
Ulterior States An IamSatoshi Production A Film By Tomer Kantor http://www.iamsatoshi.com/ulterior-states-documentary
The story from the film creator,
The participatory development, production and post ‘guerilla-film-making-methods’, bounce between (non-academic) literature research, video interviews and studio sessions.
This investigative process allowed having real-life conversations with some thought leaders within the Bitcoin ecosystem. In an attempt to portray the community behind the message to adopt a network, being a one-man team allowed for easier access to the subjects. The enthusiasm and commitment that saturate through the lens in many parts of the film, expose how the adopters of Bitcoin want to explore, to probe and, to show the world, something important, otherwise overlooked.
Remittances are a hot industry to focus on for companies and startups in the block chain tech and finTech sectors.
Previously in 2013, a press release published by the World Bank stated that global remittances represented a $550 billion dollars industry, with India and China receiving $131 billion (see graph below).
The same article stated that by year 2016 we could expect a record number in remittances, registering a flow of $707 billion.
This year (2015), the Goldman Sach’s Investment Research Report part III – “The Socialization of Finance” featured that:
– According to the World Bank, there is an estimated roughly $550bn sent internationally in 2014. We estimate the fees generated by banks and other money transfer platforms to be roughly $30bn, or roughly 6% of the total principal amount. –
We expect block chain companies to be able to offer lower fees and faster transfer with solutions that are easily accessible to everybody. These must not rely entirely on having a smart phone or fast internet connectivity since that equals (in most cases) to a relatively high entry cost for many people in the developing countries.
The 2014 Financial Inclusion Global Findex infographic shows a clear picture on the challenges to solve the common issues the unbanked population across the globe has to affront.
We believe Block Chain based companies have a huge opportunity to drive innovation with practical and easy to adopt applications that can serve millions of users around the world.
Download the full report about Global Financial Inclusion 2014 issued by the World Bank’s Findex in our Knowledge Center.
Five key facts explain why Millenials are the major agent of change in the future of the global financial industry. We see endless opportunities for innovation in several FinTech areas like payments, credit/financing and insurance.
The infographic is part of the recently published Goldman Sachs’ Investment Research Report – The Future of Finance – Part III “The Socialization of Finance”. Find the full report in our Knowledge Center.
Following Wikipedia’s publication, “Millennials (also known as the Millennial Generation or Generation Y) are the demographic cohort following Generation X. There are no precise dates when the generation starts and ends. Researchers and commentators use birth years ranging from the early 1980s to the early 2000s.”
Blockchain Killer Apps continues to take it to the next level. Wall Street take note, most of what you do is on the list. Video Part 2.
Courtesy World Bitcoin Network
An overview of the already launched / under development Blockchain killer apps out there originally planned as 2 videos but expanded to 3 videos to cover it all.
This is the second video where we focus on re-thinking the blockchain, and understanding why this technology can prove to be revolutionary for how humanity records, remembers and keeps track of itself. Indeed by providing an immutable and transparent database, open to anyone, blockchain technology is destined to disrupt deeds, journalism, scientific publications, patents, artistic rights, and history itself. This is much more than a public ledger or proof of publication, this is a global shared history.
To understand these concepts, you are taken you on a tour of the blockchain.
Speaking at BitcoinSouth, Jeffrey Tucker talked about the history of financial systems, Crypto-Currency monetary systems, a future paradigm with Bitcoin, and the disruptive potential of Bitcoin.
Video with Economist and Libertarian Jeffrey Tucker speaking at BitcoinSouth Conference. Courtesy The Money Crunch.
Tucker talks about the historic problems with fiat currencies and the potential of a new Crypto Currency monetary system.