General
The financial industry has embraced the future of blockchain technology. And for good reason. As a regulated industry that is required to provide regulators with large amounts of financial data, blockchain can make that process pain-free. Financial institutions have to collect, organize and deliver large amounts of risk data
General
I am not one to engage in hyperbole. But when it comes to blockchain technology and the implications for our economy, this is going to be the real deal. In the world of ethics and compliance, blockchain has many possible applications that could easily transform compliance capabilities. To show my
Podcasts
Investing in cryptocurrency is fraught with challenges and inefficiencies. Jason Davis is seeking to solve these problems with Hoard Invest - with a mission to empower anyone, anywhere in the world to hold, track, transfer, and transact with any tokenized asset from their mobile device, privately & instantly. The task in
General
When you read and learn about cryptocurrencies (e.g. Bitcoin, Ripple, Ethereum), there are some commentators, politicians and others who characterize cryptocurrencies as a “Ponzi” scheme. Some countries have banned cryptocurrencies. The issue of cryptocurrencies, like many other issues, is nuanced, and not so dogmatic. As I like to say,
General
I always enjoyed the assumption underlying economic models – assuming people are rational actors, then . . . Sometime people do not act rationally, and sometimes people react out of fear or make unrealistic assumptions. The compliance profession faces many challenges including unrealistic or unfounded assumptions. In many cases, compliance professionals have to reassure
General
Tom Fox and I recorded a recent discussion on blockchain technology and compliance. Here is a link to the recording. Tom and I share the belief that blockchain technology could have a significant impact on compliance strategies.
General
At a recent conference of the high-tech industry, an IBM representative provided a fascinating presentation on blockchain technology and the application to compliance programs. It was a fascinating presentation. Maybe I cam coming to the party relatively late, but blockchain technology, as it gain acceptance in the marketplace, could