Frictionless Payments

How a Regulated Liabilities Network Could Solve the Cashless Dilemma

16 Mar 2022

Central bank digital currencies (CBDC) are often mentioned as a key motivation for the rise of a cashless society. As Sweden’s central bank, Riksbanken, discusses in its paper, The Riksbank’s e-krona project, Report 1: "Today, cash is used to an ever-decreasing extent in Sweden, which has led us within the world of central banking to start con...

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Decentralized Finance (DeFi)

Resolving the unintended friction of Web 3.0

10 Feb 2022

Media is buzzing about Web 3.0 and the metaverse. Companies and investors are scrambling to get in on the ground floor and participate in shaping this new iteration of the web. But I think it’s worth exploring some of the unintended consequences of this mass move toward decentralization and what role, if any, traditional financial institutions sho...

Cryptocurrency Insights

Paving the way to payments modernization with a Shared Hierarchical Ledger System

03 Feb 2022

Last month the Secretary of the U.S. Treasury admitted that she’s still on the fence about digital currency. Unlike the Bitcoin-loving president of El Salvador, Secretary Yellen thinks further study is warranted before diving headfirst into the digital currency deep end. This hesitancy is good. It’s worth asking a few questions: What’s so great ab...

DeFi

Regulated Liabilities Network: Making space for digital currency within the two-tier monetary system

06 Dec 2021

Here’s a good question: Can digital currency (DC) thrive within the two-tier monetary system that banks use the world over? After all, the current system has stood the test of time and is used by, well, everyone. Tearing it apart and trying to replace it with, say, a cryptocurrency makes little sense. How can we realize the promises of DC without ...