Category: Central Banks

Blockchain: A New Model of Trust in Business

MIT Technology’s Business of Blockchain, Jonathan Johnson | Apr. 23, 2018
Launched in 2017, Medici Ventures is a wholly owned subsidiary of Overstock.com, formed to manage and oversee investments in companies building solutions leveraging and servicing blockchain technologies. In this MIT Technology’s Business of Blockchain interview, Jonathan Johnson, president of Medici Ventures, describes how their investments are encouraging the adoption blockchain technology to achieve efficiencies, security and transparency.

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Digital Currencies & the Implications for Central Banks

Brookings Institution, Eswar Prasad | Apr. 17, 2018
While bitcoin is not going to replace the dollar or other official currencies anytime soon, the rise of digital currencies poses challenges and opportunities to the Federal Reserve and other central banks. At an April 17 event at Brookings Institute, Eswar Prasad, Senior Fellow in the Global Economy at Brookings and professor at Cornell University, discussed a framework for thinking through these issues and reviewed how different central banks are responding to the changes and challenges they face. Following Prasad’s report, a panel of central bankers responded.

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The Bitcoin Standard: The Decentralized Alternative to Central Banking

Threadreader, @ydemombynes | Apr. 13, 2018
This Twitter thread (@ydemombynes) provides Yorick de Mombynes’ favorite 133 quotes from The Bitcoin Standard: The Decentralized Alternative to Central Banking, published by Wiley on March 23, 2018. This Treadreader serves as a CliffNotes summary for The Bitcoin Standard, which is Amazon’s #1 Best Seller in Money & Monetary Policy.

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A Call for Rule-making for ICOs in Japan

ICO Business Research Group | Apr. 5, 2018
Japan’s ICO Business Research Group — a task force that includes lawmakers, academics, bankers, and CEO of bitFlyer, Japan’s largest cryptocurrency exchange — has called for the government to legalize ICOs and adopt clear industry rules and practices that encourage growth and protect investors.

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