18 FebCan we make Central Bank Digital Money and DLT really work?  Stuff worth knowing from The Bankers’ Plumber

DLT offers the promise of faster, better & cheaper. There is real promise and even enough to have the ECB president, Mario Draghi, agree on the potential and acknowledge the ECB is looking at it. Now nothing is going to happen by magic and certainly not by central bank diktat, so how might all this […]

Read More ...

29 JanHow to make Central Bank Digital Money?  Stuff worth knowing from The Bankers’ Plumber

This post is a continuation of the thoughts from the last two posts. My own conclusion to date was that powering the possibilities of digital assets and benefiting from things DLT needs CBDM. I am indebted to the very thoughtful Kevin Rutter of R3 and to Rhom Ram at the USC Project for engaging in […]

Read More ...

18 JanDo we need Central Bank Digital Money?  Stuff worth knowing from The Bankers’ Plumber

“Kerrassh”. In Jan 2018, Bitcoin (BTC) took a nose dive. In two days, the price collapsed some 25%. If you thought BTC is a means of payment, then I hope you also understood what market risk is and learned to manage it. This week’s post is inspired by various discoveries in a current project where […]

Read More ...

07 JanWho needs Central Bank Digital Money?  Stuff worth knowing from The Bankers’ Plumber

This first post of 2018 focuses on a very current topic: CBDM or Central Bank Digital Money. This would be the “the digital pound in your digital wallet” that has the same properties as the “the pound in your pocket”. Exactly the same; universal acceptance, store of value. In the last post of 2017, I […]

Read More ...

11 DecICOs, Cryptos & CCOs. The differences.  Stuff worth knowing from The Bankers’ Plumber

Two out of three ain’t bad. You have probably heard of the expression crypto currency; Bitcoin is the poster child, and Ether its sibling. ICOs are likely just as familiar; Initial Coin Offerings, which are a a variation on IPOs. What about CCOs? Never heard of them? The extra C is for Collateral; collateralised coin […]

Read More ...

09 Nov3 thoughts on Payments, Amazon and Swiss start-up Sonect? Stuff worth knowing from The Bankers’ Plumber

“Disruption” is one of several trendy terms around the finance business. AI is going to disrupt this, FinTech is going to disrupt that and Blockchain or DLT is going to disrupt it all. The term also tends to be used in reference to an outsider coming in to upset the status quo and the incumbents. […]

Read More ...

23 OctAre jobs in banking disappearing for ever? Stuff worth knowing from The Bankers’ Plumber

The robots are coming; banking jobs will be wiped out! That would be the simple conclusion from recent headlines. See: ex Citi CEO Pandit, Cryan at DB, Ermotti at UBS. This week’s post is a more nuanced analysis of what is going on. It is inspired by two things: firstly, a wonderful presentation by Michael […]

Read More ...

02 Oct4 thoughts on Smart Contracts. Stuff worth knowing from The Bankers’ Plumber

“Smart contracts” are another “in” term used in the same space as Blockchain and DLT. What are they? The theory has it that the Blockchain enables the terms of an agreement between two parties to be so well captured and enshrined in an electronic agreement, that over the lifecycle of the instrument, all the things […]

Read More ...

22 Sep5 things I learned this week about DLT, Blockchain & Crypto. Stuff worth knowing from The Bankers’ Plumber

This week a short tour de horizon of news that will, I hope, point the way forward and help you make sense of what is happening in the digital space. All comments and feedback really welcome. Is a weekly “5 things I learned” useful or not? Or a longer piece on a specific topic? Please […]

Read More ...

12 SepHe who aggregates data wins. Stuff worth knowing from The Bankers’ Plumber

Mastering data is difficult. You could easily get lost amongst the buzzwords; digital, pull, Big Data, APIs, PSD 2. In a recent post, I commented on the need for financial services firms to think beyond the must do regulatory stuff of PSD 2 which forces them to open up their data for third parties to […]

Read More ...