Tags: BIS

Bitcoin – worry, attitudes and futures

Bitcoin valuations head relentlessly up. At the start of 2017 a Bitcoin was worth a little over US$1,000. In eleven months it is almost ten times as much. What should make a virtual cryptocurrency rise so much? Are they worth it? There is no easy answer. Two demonstrations of this are analyses coming from Bloomberg and…

The BIS ‘Moneyflower’ expanded

In a previous analysis ET included research on blockchain carried out by Morten Bech and Rodney Garratt for the Bank of International Settlements (BIS). This introduced the concept of the ‘money flower’.  With permission of the BIS we reproduce (above) its annotated ‘money flower’ diagram and (below) additional descriptions of the various ‘products’ mentioned in…

Two blockchain analyses reveal different visions for the future

There is no doubt that interest in blockchains as a technology is running high, nor that this is a global phenomenon. Two contributions, with very different considerations, illustrate this: Chris Berg, Sinclair Davidson and Jason Potts are with the RMIT Blockchain Innovation Hub in Melbourne, Australia; their opinion piece, entitled ‘Institutional Cryptonomics: A New Model for a…