Sentences with phrase «current financial system»

In the latest episode of the Ventured podcast, I spoke with Marwan Forzley, CEO of Align and KPCB Edge founding partner Anjney Midha about how small businesses can use this technology for global transactions and how it will disrupt current financial systems such as banks.

With many «altcoins» as they are popularly called launching for several services and integrating with current financial systems,...

«Governments worldwide have acknowledged that blockchain technology has potential to disrupt current financial systems and are exploring ways to benefit from it.

Given the breaches, it's fair to wonder: Will Ethereum and other blockchain networks ever be trusted enough to replace our current financial system?

Powell said he doesn't see any significant risks in the current financial system.

Its aim is not to supplant the current financial system but to make it more efficient.

The pro-virtual currency group hails it as a disruptor of the financial service industry and a challenger to the current financial system.

While analysts debate when the next Bitcoin bubble will burst, more financial institutions, including the Bank of Canada, are looking to regulate cryptocurrencies or incorporate them into the current financial system.

Blockchain can utilize the current financial system to improve transactional security, which means Bitcoin is not needed.

The PDP noted that the opposition in its penchant for falsehood failed to realize that under the current financial system, it was practically impossible to transfer the so called humongous amount of money into any bank account without the source being traced by relevant independent financial monitoring bodies like the EFCC.

Its evolution is based on the belief that the current financial system isn't efficient, and it looks to fix these flaws in three ways.

Given the breaches, it's fair to wonder: Will Ethereum and other blockchain networks ever be trusted enough to replace our current financial system?

Bitcoin Refuses To Die If you're one of many who believes the current financial system will go up in a mushroom cloud, then Bitcoin is the cockroach that can survive the bank apocalypse.

During his initial response, Todd pointed out some of the mistrust that exists in the current financial system:

«We're not seeking to disintermediate and destroy the current financial system,» Ms. Masters said in an interview with the New York Times.

Contrary to the current financial system that McNamara described as «very complex», she argued that an economy powered by cryptocurrencies would lower the barrier to entry for those who are currently excluded, and as a result, increase global competition for these customers.

Though he remains a skeptic of the current financial system the Bitcoin advocate has welcomed big financial institutions that include Goldman Sachs which are eyeing the digital currency world.

One of the scenarios is the collapse of the current financial system and the growth of bitcoin price to $ 1 million.

If you think that bitcoin will go up, it is probably because you think it will be more widely adopted as a currency and a store of value and an alternative to the current financial system.

The purpose was to decentralize the current financial system.

They are targeting individuals and businesses of all sizes by improving the current financial system that is slow, outdated, and inaccessible to most «everyday» people in SEA.

Looking at any financial news source, it is clear that there is a large potential in the market to combat our current financial system.

The city created a Bitcoin economy, alternative to the current financial system, in which some merchants use bitcoins to buy supplies for their own businesses.

Omise is targeting individuals and businesses of all sizes by improving the current financial system which is slow, outdated, and inaccessible to most «everyday» people in these countries.

They recognize that the blockchain technology can improve the efficiency and inclusiveness of the current financial systems and economies as well as broaden them.

The current financial system forces merchants and businesses to rely on antiquated banking systems that waste valuable time processing and tack on cumbersome transaction fees.

Lightning Network will still be incredibly useful and, from a security standpoint, it is still leaps and bounds ahead of the current financial system.

However, all of that does not mean the current financial system is perfect, as there is a lot of room for various areas of improvement.

Others, such as Randal Quarles, Federal Vice Chairman for Supervision, could see Bitcoin and other cryptocurrencies potentially disrupting our current financial system if they become more widespread in use:

This current financial system has led to an early - growth capital gap of over $ 100 billion.

Instead of writing rules and appointing a regulator to monitor for breaches, which is how the current financial system works, Bitcoin's code sets the rules and the network checks for compliance.