Bitcoin – Visa Europe: The Blockchain is ‚No Longer a Choice‘

„Visa Europe highlighted the significance of bitcoin and the blockchain as part of a retrospective on the past year in payments this week, suggesting that traditional finance will soon adopt the technology.“ „2015 has turned blockchain into something the industry has to live with. It is no longer a choice anymore. Recent news speculating about the identity of…

How Bitcoin and its underlying technology is changing financial services

Via the FINANCIAL EXPRESS: „Big banks are investing in R&D on blockchain – the distributed consensus ledger technology that powers Bitcoin. Application of decentralized ledgers for purposes other than digital currencies is commonly referred to as “Bitcoin 2.0” (or sometimes more generally “crypto 2.0”). Distributed ledger technology can potentially revolutionize the way capital markets clear…

Brazil’s Disastrous Debt Dynamics Could „Create Contagion“ For Emerging Markets, Barclays Warns

Zero Hedge: So what’s the takeaway besides the fact that Brazil is, for lack of a better word, screwed (because we already knew that)? Well remember, Brazil is representative of the problems facing EM as a whole. Slumping commodity prices, currency carnage, FX pass through inflation, sensitivity to decelerating Chinese demand and to Beijing’s yuan…