The rise of financial technology and digital payment solutions is helping the world go cashless. Cashless payment methods now cover a wide range of technologies – there are physical cards, online gateways, mobile apps, and digital wallets. Blockchain-enabled payments and cryptocurrencies are also on the rise. Methods are enjoying varying

The money in your pockets has three basic traits – it’s tangible, centrally regulated and easy to counterfeit. Bitcoin is the exact reversal of it. Bitcoin is a cryptocurrency that operates independently without banking institutions and the government meddling into its affairs. There’s nothing physical about it – it’s all

Bitcoin is currently trading at over $1250 and if you are someone who invested a grand in bitcoins back in 2011, your investments are potentially worth over $600K. The most valuable contribution of the bitcoin community is not in the financial returns itself, but in the introduction of blockchain technology.

Blockchain is a peer-to-peer (P2P) distributed ledger technology that enables transparent transactions. Satoshi Nakamoto’s pioneering work in using Proof-of-Work (POW) for solving the double spending problem sparked a worldwide interest in the field of distributed, trustless consensus systems. Although POW is not a new idea, the way Nakamoto utilized it

From Decentralized Model Exchanges to Model Audit Trails [This is based on a talk I first gave on Nov 7, 2016. Here are the slides.] In recent years, AI (artificial intelligence) researchers have finally cracked problems that they’ve worked on for decades, from Go to human-level speech recognition. A key

Despite some ups and downs over the years, Bitcoin is still hanging round as an alternative currency. There are those who still believe that the future is bright, and that Bitcoin may just represent the future of money. Indeed, we’re still pretty early in the life of the leading cryptocurrency.

We have already learned the basics of the blockchain cryptocurrencies (like Bicotin) in WTF Is The Blockchain? A Guide for Total Beginners. Cryptocurrency exists solely in digital, and the chain is completely decentralized, enabling it to never just “go down.” Transfers are verified by the hard work of miners, who

Blockchain: the single most confusing term since Bitcoin. Everyone has a vague idea of what it does. It’s either the ultimate evolution of financial technologies, or a silly fad that can be summed up in the disconcerting phrase: “dogechain.” In reality, major companies around the world have already shown favor

The global securities market is worth more than $100 Trillion. Any technology that would add efficiencies to the exchange, settlement and reporting of transactions happening in this market should be welcome. Blockchain has been in the news recently because, it has the potential to disrupt this industry through the use

Almost a year ago, when I was reading about sharing economy and impact investing, I came across the term “collaborative capitalism”. I felt that the world was adjusting itself between capitalism at one end and communism at the other, and now blockchain technology has the potential to take it one step closer to