Morgan Stanley has released a 31-page report examining the potential knock-on effects of blockchains and distributed ledger technologies on financial institutions. The report, titled “Blockchain in Banking: Disruptive Threat or Tool?”, argues that the financial establishment will have the upper hand with their private blockchain innovations. According to Morgan Stanley’s report, regulatory issues will have negative effects on non-permissioned public blockchain networks. “The market underestimates the advantages banks and custodians …
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The concept of Uber has been a reason for both excitement and controversy over the past few years. However, there is an interesting trend taking place, as local government officials are looking to create their own version of Uber. In the state of California, Flywheel is an application that will make taxis work like Uber and effectively replaces the whole cab riding experience. Also read: Argentine Peso Devaluation Imposes Remittance …
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