Can Blockchain Solve The Prosperity Paradox?

  • It’s resulted in various projects to provide access to finance for the worlds poorest, from mobile banking to microfinance, and whilst the work of people like Muhammad Yunus have been tremendously important, I believe that the blockchain could be even more powerful.
  • “Our companies are built on the same foundation; a belief that new technologies should take the complexity out of financial services in emerging markets.
  • We’re thrilled to partner with Wala, and the 1,000’s of merchants utilising the M-vendr powered PoS are really excited to start Wala financial services and accepting Dala tokens as it will add immense value to their customers,” M-vendr say.
  • While zero-fee financial services are the immediate goal, the trust and transparency brought about by the blockchain could also lay the foundations of a modern infrastructure that solves other problems for the unbanked, such as credit scoring.
  • The progress in achieving the Millennium Development Goal on poverty so quickly is considerable, but ledger technology such as that provided by the likes of Wala provide a glimpse into a possible future where the unbanked and underbanked are increasingly enfranchised and empowered to become active participants in the global…

It would perhaps be fickle to be too critical of the global economic system given the tremendous progress made towards so many of the Millennium Developm…
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Fidelity, the $2.3 trillion investment giant, is testing out a new cryptocurrency service

  • The $2.3 trillion investor announced on Wednesday a partnership between its Fidelity Labs, the firm’s innovation center, and Coinbase, the cryptocurrency exchange serving nearly 9 million customers.
  • As part of the partnership, Coinbase users will be able to view their bitcoin, ethereum, and litecoin holdings alongside their other accounts in their Fidelity Portfolio.
  • “We are trying to create the best customer experience,” Hadley Stern, managing director at Fidelity Labs, told Business Insider.
  • Donations made in bitcoin to Fidelity Charitable, a $16 billion donor-advised philanthropic fund, grew to about $9 million in the first half of 2017.
  • Fidelity’s CEO Abigail Johnson is a bitcoin enthusiast.

Fidelity is testing out a new service to help make life easier for its clients who invest in…
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SAP’s chief strategy officer thinks blockchain is not a zero-sum game

SAP's chief strategy officer thinks #blockchain is not a zero-sum game

  • Blockchain is not a zero-sum game and its implementation across various sectors is going to be an overall positive for businesses, German software company SAP’s chief strategy officer said Wednesday.
  • Deepak Krishnamurthy spoke to CNBC on the sidelines of the World Economic Forum’s annual June meeting in Dalian, where he said blockchain will complement SAP’s supply chain business.
  • We have the largest supply chain product in the enterprise software industry, so having blockchain supply chains connect with SAP supply chains is going to be value-creating for our customers,” he said.
  • Krishnamurthy said the technology’s adoption is going to benefit companies such as SAP by automating a lot of paper-based transactions.
  • Blockchain is not the only technology that SAP is focusing on.

Deepak Krishnamurthy told CNBC that blockchain will complement SAP’s supply chain business.
Continue reading “SAP’s chief strategy officer thinks blockchain is not a zero-sum game”

SAP’s chief strategy officer thinks blockchain is not a zero-sum game

Show me the money! SAP's chief strategy officer thinks blockchain is not a zero-sum game

  • Blockchain is not a zero-sum game and its implementation across various sectors is going to be an overall positive for businesses, German software company SAP’s chief strategy officer said Wednesday.
  • Deepak Krishnamurthy spoke to CNBC on the sidelines of the World Economic Forum’s annual June meeting in Dalian, where he said blockchain will complement SAP’s supply chain business.
  • We have the largest supply chain product in the enterprise software industry, so having blockchain supply chains connect with SAP supply chains is going to be value-creating for our customers,” he said.
  • Krishnamurthy said the technology’s adoption is going to benefit companies such as SAP by automating a lot of paper-based transactions.
  • Blockchain is not the only technology that SAP is focusing on.

Deepak Krishnamurthy told CNBC that blockchain will complement SAP’s supply chain business.
Continue reading “SAP’s chief strategy officer thinks blockchain is not a zero-sum game”

SAP’s chief strategy officer thinks blockchain is not a zero-sum game

.@SAP's chief strategy officer thinks #blockchain is not a zero-sum game @deekmurthy @wef

  • Blockchain is not a zero-sum game and its implementation across various sectors is going to be an overall positive for businesses, German software company SAP’s chief strategy officer said Wednesday.
  • Deepak Krishnamurthy spoke to CNBC on the sidelines of the World Economic Forum’s annual June meeting in Dalian, where he said blockchain will complement SAP’s supply chain business.
  • We have the largest supply chain product in the enterprise software industry, so having blockchain supply chains connect with SAP supply chains is going to be value-creating for our customers,” he said.
  • Krishnamurthy said the technology’s adoption is going to benefit companies such as SAP by automating a lot of paper-based transactions.
  • Blockchain is not the only technology that SAP is focusing on.

Deepak Krishnamurthy told CNBC that blockchain will complement SAP’s supply chain business.
Continue reading “SAP’s chief strategy officer thinks blockchain is not a zero-sum game”

SAP’s chief strategy officer thinks blockchain is not a zero-sum game

#SAP's chief strategy officer talks #blockchain and other #Innovations #cloud

  • Blockchain is not a zero-sum game and its implementation across various sectors is going to be an overall positive for businesses, German software company SAP’s chief strategy officer said Wednesday.
  • Deepak Krishnamurthy spoke to CNBC on the sidelines of the World Economic Forum’s annual June meeting in Dalian, where he said blockchain will complement SAP’s supply chain business.
  • We have the largest supply chain product in the enterprise software industry, so having blockchain supply chains connect with SAP supply chains is going to be value-creating for our customers,” he said.
  • Krishnamurthy said the technology’s adoption is going to benefit companies such as SAP by automating a lot of paper-based transactions.
  • Blockchain is not the only technology that SAP is focusing on.

Deepak Krishnamurthy told CNBC that blockchain will complement SAP’s supply chain business.
Continue reading “SAP’s chief strategy officer thinks blockchain is not a zero-sum game”

SAP’s chief strategy officer thinks blockchain is not a zero-sum game

  • Blockchain is not a zero-sum game and its implementation across various sectors is going to be an overall positive for businesses, German software company SAP’s chief strategy officer said Wednesday.
  • Deepak Krishnamurthy spoke to CNBC on the sidelines of the World Economic Forum’s annual June meeting in Dalian, where he said blockchain will complement SAP’s supply chain business.
  • We have the largest supply chain product in the enterprise software industry, so having blockchain supply chains connect with SAP supply chains is going to be value-creating for our customers,” he said.
  • Krishnamurthy said the technology’s adoption is going to benefit companies such as SAP by automating a lot of paper-based transactions.
  • Blockchain is not the only technology that SAP is focusing on.

Deepak Krishnamurthy told CNBC that blockchain will complement SAP’s supply chain business.
Continue reading “SAP’s chief strategy officer thinks blockchain is not a zero-sum game”