Latest opinions that Richard Miller has shared on Finextra

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Richard Miller

Product Owner

RegDefy (MV37)

Member since

07 Jul 2017

Location

London

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Richard's opinions

KYC, GDPR and DLT pt2: Potential Solutions

In a previous article I looked at how Distributed Ledger Technology (DLT) can be applied to the issue of making sure you understand who you are doing business with i.e. Know Your Customer (KYC). The opportunity here is to reimagine what is normally not a differentiating business process by mutualising your operations with your competitors. Unfortu...

02 February 2019 /regulation Blockchain Observations

KYC, GDPR and DLT pt1: A Rocky Road?

Several years ago Blockchain and Distributed Ledger Technology (DLT) were going to solve all problems: from streamlining payments, to world peace! Since then, most have fallen away as not having the business case to support them, but a few use cases have stood the test of time. Know Your Customer (KYC) is one of these. There are many DLT based KYC...

10 January 2019 /regulation Blockchain Observations

Christmas Books: For the Entrepreneur in your life

For most people starting their own business is pretty daunting. Luckily bookstores are awash with books to guide, advise and stop you making mistakes along the way. In some ways there is too much choice! So in case you are looking for some last minute presents for the entrepreneur in your life, here are four suggestions. I have no relationship to ...

24 December 2018 Fintech innovation and startups

Crossing the trust boundary with DLT pt2: The Company

In the last article, “Crossing the trust boundary with DLT pt1: Consortiums”, I looked at some fairly well understood topics on the trust model of consortiums. In this article I will explore how Distributed Ledger Technology (DLT) can be exploited in a single organisation. There are not too many obvious use cases for the single organisation due to...

26 November 2018 Blockchain Observations

Crossing the trust boundary with DLT pt1: Consortiums

Earlier this year I wrote about the main reasons for using Distributed Ledger Technology (DLT) to solve your use case. In summary these were: Trust Boundary Extension: does your use case need trust between parties who would not normally trust each other? Does an agreement or consensus need to be reached? Disintermediation: is there a middleman th...

16 November 2018 Blockchain Observations

Culture: The overlooked weapon

Much has been written about the Culture of technology firms created in the last 10-15 years that turns the ideas of the 20th Century on their heads. Whether it is the Culture deck from Netflix or the handbook from Valve they seek to use Culture as a differentiator in the war for talent. Rather ironically due to the reliance on people, these ideas...

05 November 2018 /ai Innovation in Financial Services

DLT and blockchain success: It’s all about timing

As ever, in the world of Distributed Ledger Technologies (DLT) and blockchain, timing is critical. Although we saw great strides taken up until about a year ago, it was clear that other technologies such as cloud and artificial intelligence had advanced more rapidly, so firms were investing more time in these areas. However, within the last 12 mon...

26 July 2018 Banking Strategy, Digital and Transformation

Blockchain and DLT - The challenge of transformational change

Over the last few years there have been many articles extolling the virtues of Blockchain and Distributed Ledger Technologies (DLTs). These often began by going through every imaginable use case for DLTs and theorising how they would deliver benefits that would be truly transformative. Recently the publication stream has refocussed onto a much sma...

18 June 2018 Blockchain Observations

Blockchain evolution - where next for Distributed Ledger Technology?

As the financial services world continues to adapt to the possibilities of blockchain and Distributed Ledger Technologies (DLT), we are now at a critical juncture, as to where the industry goes from here in utilising these technologies. Now that various organisations have more experience of implementing DLT from initial proof-of-concept to actual p...

30 April 2018 Blockchain Observations

Blockchain and Cryptocurrencies: Reality or hyperbole?

In what seems like the ‘wild frontier’ of blockchain and cryptocurrencies that we are currently experiencing, there is almost only one thing that is certain; if someone writes an article about the price of the latest cryptocurrency then the article will likely to be out of date before it is even published! As I write this, most crypto currencies a...

12 February 2018