In 2012, I answered a question on Quora, How will money transferring between countries look in five years? I did not edit or touch the answer in any manner for five years. Well, now that the 5 years are up and over with, let’s do a check on where I was right and where I was […]
Apple Payments Apple’s own payment system, presumably ApplePay under the company Apple Payments will be coming soon. Just when periodically checking filings for MTL (Money Transmitter Licenses), I came across the California filing for Money Transmitter Licenses by Apple. To be 100% sure it was Apple the iPhone company and not some other ‘Apple’, I […]
ICO + Smart Contracts + Real-Estate There are many ways to utilize an ICO for a real-estate backed project. In the early days of this whole blockchain revolution, real estate was always touted as one of the main use cases for it. When Hyperledger first came out – in the initial days when both the […]
This year’s DATA Report reveals that the poorest are receiving a declining share of global financial resources. Although global ODA reached a record high of $140.1 billion in 2016, people most in need are in danger of being left behind. The proportion of aid to the least developed countries (LDCs) is in a downward spiral, falling […]
Three years ago, I had this dream. Of the following company. Now it is slowly being turned into reality. Stay tuned.
Depending on which side of the fence you live, you might be about to uncork a champagne bottle or take aspirin. Zelle is the new payment solution in town in the US, that promises to be a Venmo (read: PayPal) killer! A cartel of 19 US banking institutions that is started by a startup called Early […]
With more and more advancements in the digital products we use every day, it’s no wonder the technology behind it has a shelf life of roughly 18 months. And with mobile technology at the forefront of this digital revolution, e-commerce and e-money have have become viable practices for those who understand their scope. So what […]
HK taking a shot at MAS (Monetary Authority of Singapore) to cradle more payment companies in HK? Source: First five companies licensed to offer stored value facilities in Hong Kong | South China Morning Post
Another brilliant read. Negative yield…. the new economics. George Orwell’s classic novel 1984 described a nation engulfed in continuous warfare. That dystopian vision is growing remarkably similar in the current economic reality Source: George Orwell’s ‘negative yield’ doublespeak portends another financial crisis brewing | Financial Post
A great read. If you want to get a better historical sense of the economic policies, Thomas Picketty’s Capital is a recommended read. Targeting inflation has been the solution to ongoing high inflation. But we are no longer living in that world, and economic policies are not infallible Source: The new normal: why we need […]