P21-BLOG

By: editor
Posted: Monday, October 17, 2016 - 14:10

A Little Bit of Money

Thought Experiments on Cross-Border Payments - Of Couriers, Bankers, and Bitcoiners

Series 6: Prohibition drives Bitcoin into the dark

Truly compliant Bitcoin transactions through banks is a choice

By: editor
Posted: Monday, October 10, 2016 - 16:47

A Little Bit of Money

Thought Experiments on Cross-Border Payments - Of Couriers, Bankers, and Bitcoiners

Series 5: Using Bitcoin technology to regain trust of banking clients

Making Bitcoin AML-Compliant is not rocket science

By: editor
Posted: Friday, October 7, 2016 - 14:05

A Little Bit of Money

Thought Experiments on Cross-Border Payments - Of Couriers, Bankers, and Bitcoiners

Series 4: Bitcoin Segmentation: The Good, the Bad, and the Ugly

Bitcoin is Pseudo-Anonymous just like Dark Pools

By: editor
Posted: Wednesday, October 5, 2016 - 17:32

A Little Bit of Money

Thought Experiments on Cross-Border Payments - Of Couriers, Bankers, and Bitcoiners

Series 3: Privacy and Secrecy are Two Sides of the Same Coin

A Healthy Level of Confidentiality

By: Benscha
Posted: Friday, September 30, 2016 - 18:21

A Little Bit of Money

Thought Experiments on Cross-Border Payments - Of Couriers, Bankers, and Bitcoiners

Series 2: Compliance Limitations on Unlimited Technology

Self-Regulation Through Artificial Intelligence

By: Benscha
Posted: Thursday, September 29, 2016 - 13:48

Thought Experiments on Cross-Border Payments - Of Couriers, Bankers, and Bitcoiners

Series 1: Innocent Until Proven Guilty

A Little «Bit» of Money in My Life

By: Benscha
Posted: Monday, July 18, 2016 - 17:23

Linz, Austria – June 9th, 2016. Payment21® receives the prestigious Constantinus Award. With the branded Bitcoin Cashier System developed by Swiss Moving Media GmbH along with Austrian RISE GmbH, e-commerce merchants, regulators, banks, and consumers can rest assured in terms of AML-compliance for crypto currency. 

By: Benscha
Posted: Tuesday, May 3, 2016 - 17:20

When the first speculations about Craig Wright being Satoshi Nakamota surfaced, the MIT Technology Review published a view from Emin Gün Sirer. The Cornell professor expressed his doubts that Bitcoin’s creator has been unmasked. In the meanwhile the BBC, The Economist, and GQ have joined the media party claiming that Satoshi Nakamoto was Dr. Craig S. Wright. Nevertheless, independently verifiable proof is missing, and so is cryptographic proof in public. The myth remains secret.

By: Benscha
Posted: Monday, July 18, 2016 - 18:01

[May 26, 2016] – Alexandria, Virginia, USA – Payment21®, a global provider of AML-compliant Bitcoin payments announced today its recent filing of a utility patent application with the United States Patent and Trademark Office for its “Dynamic Delivery Authorization for Cryptographic Payments.”

By: Benscha
Posted: Friday, April 15, 2016 - 09:18

Digital money users do not have to pay value added tax (VAT) on Bitcoin transactions in Switzerland. The Swiss Federal Tax Administration (FTA) has announced there will be no VAT on Bitcoin transactions, according to Bitcoin Association Switzerland.

By: Benscha
Posted: Thursday, April 14, 2016 - 15:22

The Monetary Authority of Singapore, the city-state’s central bank, has funded a block chain-based record-keeping system as part of a five-year investment plan aimed at financial technology. Managing director Ravi Menon announced the Financial Sector Technology & Innovation initiative during a speech at the Global Technology Law Conference 2015 in Singapore.

By: Benscha
Posted: Saturday, April 16, 2016 - 03:17

Despite the digital currency’s reputation connected with criminal activities, bitcoin is hardly a proper tool for money laundring nowadays. Even Jeffrey Robinson, the author of 1990s classical book on money laundring, states this. Bitcoin is too small for money laundring: “… when it comes to transforming dirty money into apparently legal income… which is the function of all money laundering processes… it simply stinks.”

By: Benscha
Posted: Friday, April 15, 2016 - 09:30

The European Banking Association (EBA) has issued a new research paper on Crypto technologies, a major IT innovation and catalyst for change. The paper covers four use cases of crypto technologies: currencies, asset registries, application stacks and asset-centric technologies. The EBA paper perceives the distributed ledger to be the driving innovation:

By: Benscha
Posted: Saturday, April 16, 2016 - 03:25

This is the title of a guide to the monetary and banking system by English economists. It is a must read if you really want to understand how the system works, and what money is nowadays.

By: Benscha
Posted: Saturday, April 16, 2016 - 03:31

An academic discussion on the Paperless Economy. Miles Kimball is an economics professor at the University of Michigan. He has written extensively about electronic money. 

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