News, analysis and comment from the Financial Times, the worldʼs leading global business publication
Maya Zehavi - stay the f homeInstead of trying to on-board real estate as DeFi collateral, a DeFi stack for trade finance/commodities can address real needs. Lowering financing fees for small farmers (the real kind w/no yield) through a DeFi can seriously lower costs & tracing
Blockchain technology is going to change everything: the shipping industry, the financial system, government … in fact, what won’t it change? But enthusiasm for it mainly stems from a lack of knowledge and understanding. The blockchain is a solution...
Google is investing $450 million in ADT to acquire a 6.6% stake in the Florida-headquartered firm that provides security and smart home solutions, the two said today. As part of the long-term investment, the two companies will work on next...
After months of talks and trials, WhatsApp has finally pulled the trigger on payments in its app. Today the Facebook-owned messaging service announced that users in Brazil would be the first to be able to send and receive money by way of its...
Maya Zehavi - stay the f homeTakeaways from FB’s WhatsApp payments:
✳️ the regulatory burden remains with the credit card networks
✳️ payments don’t need a blockchain...duh!
✳️ the solution doesn’t really address the remittance use case. Cross border settlements need Libra
Germany has U-turned on building a centralized COVID-19 contacts tracing app — and will instead adopt a decentralized architecture, Reuters reported Sunday, citing a joint statement by chancellery minister Helge Braun and health minister Jens Spahn....
Maya Zehavi - stay the f homeFirst time I’ve seen a government back a privacy preserving decentralized solution!!
However much I doubt the effectiveness of a decentralized contact tracing app, without mass testing, this is still a serious game changer & a step towards decentralized ID
Maya Zehavi - stay the f homeMnuchin is discussing for “oil companies that aren’t credit-worthy enough to tap the Fed,..” through...“alternative structures with banks.”
Loans that aren’t being considered for alternative structures:
✳️ credit card debt