Tag: Blockchain

Blockchain Technology in Casino Operations Enhancing Transparency and Security

Christina Lobo
Blockchain Technology in Casino Operations Enhancing Transparency and Security

Blockchain technology – such as bitcoin – is a decentralised and dispersed digital ledger that allows for secure and transparent dealings. It is a reasonably new technology however it has suddenly garnered attention – as well as interest – across a lot of different industries. This includes the casino industry.

This type of technology is founded upon a network of computers that are linked to each other and collaborate in order to preserve a shared ledger that is called a blockchain. It contains a record of all transactions that have taken place on the network. Each block in the blockchain …

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Potential of Finance: Goldman’s McDermott on blockchain

Christina Lobo
Potential of Finance: Goldman’s McDermott on blockchain

Welcome to the Potential of Finance, in which Fortune asks distinguished folks at key corporations about their positions, how their agency fits into the crypto ecosystem, and what this all signifies for how we use revenue.

Mathew McDermott is a handling director at Goldman Sachs, where by, after nine years at Morgan Stanley, he’s put in additional than 17 decades and now operates the firm’s electronic property division.

In November, Goldman launched Datonomy, which it describes as “a new framework for the classification of electronic property,” and which McDermott states has generated “a lot of desire.” In a

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The Blockchain battlefront: Know-how, organization, and regulation

Christina Lobo
The Blockchain battlefront: Know-how, organization, and regulation

Comic John Oliver quipped that cryptocurrency is “everything you do not recognize about revenue put together with every thing you do not comprehend about technology.”  He missed yet another region of notorious confusion: the regulation.  The terrific regulatory bureaucracy has woke up to the significance of blockchain-enabled know-how, led by the SEC. 

The federal government is selected that cryptocurrency have to be regulated, but it is confronted with a knotty question: What kind of asset is cryptocurrency?  Protection?  Commodity?  Currency?  Anything else?  Meanwhile, technologists and entrepreneurs are building new programs that have an effect on the answer. 

The new motor

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