Cryptocurrencies Outlook 2018
The âwordâ referred to by Led Zeppelin, can be, in our scenario, ICOs, Tokens, Cryptocurrencies, Altcoins, Blockchain, Smart Contracts, Bitcoin, Ethereum⦠and âheavenâ is the destination of investors, blockchain pioneers, ICO enthusiasts, utopists, and firm believers in the swarm intelligence and the meritocracy of the Crypto space. These are new words, new terms, buzz words, but words already so prevalent that people had trouble ignoring them in 2017. If you think 2017 was a frenetic year, please, brace for â18â! Before jumping into our recap of 2017 and our outlook for â18 and before entering into details about specific names and terms, it is part of our job to demystify and explain this strange and fascinating world of cryptocurrencies and blockchain.
Central bank cryptocurrencies
New cryptocurrencies are emerging almost daily, and many interested parties are wondering whether central banks should issue their own versions. But what might central bank cryptocurrencies (CBCCs) look like and would they be useful? This feature provides a taxonomy of money that identifies two types of CBCC a retail and wholesale a and differentiates them from other forms of central bank money such as cash and reserves. It discusses the different characteristics of CBCCs and compares them with existing payment options.
Money Of The Future – Results of 2015 / Trends for 2016
Annual fintech research by Life.SREDA VC. In collaboration with INSEAD business school and Deloitte.
Money is no object: Understanding the evolving cryptocurrency market
The goal of this paper is to provide an overview of what cryptocurrency is and how much consumers know about it. In addition, we discuss potential positive uses of this new instrument.
ING International Survey: The rise of mobile banking and the changing face of payments in the digital age
The ING International Survey aims to gain a better understanding of how retail customers â and potential customers â of ING Bank around the globe spend, save, invest and feel about money.
Industry Transformation â Horizon Scan: ICT & the Future of Financial Services
A new research report from Ericsson and Imperial College London provides a broad horizon scan of the impacts of ICT on services for money, banking, insurance and risk.
Virtual currencies: passion,prospects and challenges
The purpose of this Working Paper is to provide a snapshot on virtual currencies. It focuses on convertible, decentralised virtual currencies. Taking Bitcoin as proxy, it reviews its short history and early use cases as means of payment and speculative asset, finding these customer requirements supported by an ever increasing range of service providers, many of which attract venture capital with great ease. Whilst the actual economic footprint of virtual currencies remains very limited, there is a flurry of debates as to the impact a wider adoption could have notably on the economy and on monetary policy, as well as to whether the underlying technology â in essence a distributed, global ledger not requiring the intervention of a trusted third party - couldnât be leveraged more significantly to record transfers of assets other than money.
The economics of digital currencies
This article explores the economics of digital currencies â schemes that combine new payment systems with new currencies â and provides an initial view on the consequent implications for the Bank of Englandâs objectives to maintain monetary and financial stability in the United Kingdom. Any potential risks to monetary or financial stability posed by digital currencies will depend on how widely they are used, both today and in the future. The article therefore begins by examining the extent to which digital currencies are currently used as a form of money. As part of evaluating the likely growth in digital currenciesâ usage over time, it next examines the sustainability of the low transaction fees offered by digital currencies at present.
Current Policy Persepctives – Bitcoin as Money?
This policy brief discusses how some features of bitcoin, as designed and executed to date, have hampered its ability to perform the functions required of a fiat moneyââas a medium of exchange, unit of account, and store of value.
Money in the modern economy
âMoney in the modern economy: an introductionâ, a companion piece to this article, provides an overview of what is meant by money and the different types of money that exist in a modern economy, briefly touching upon how each type of money is created. This article explores money creation in the modern economy in more detail.
