fintech
The New Libra Coin – An Unofficial Explainer
I’ve been looking at the design of the new Libra coin (LBR) in the updated Libra Whitepaper. Here’s what I think the differences are between this new “synthetic” coin and the previous iteration of the coin as described in 2019. …
Read MoreThree currency wars, not one
This short blog post describes three different types of currency wars that seem to be happening at the moment. The phrase “currency wars” is not new – typically is has referred to deliberate devaluation of one’s own currency to increase competiti…
Read MoreTokens: Shares with Benefits
This short post explores some of the additional value that tokenised assets on blockchains can add, over and above pure financial return. The assets in question could be shares, or bonds, or other financial securities recorded as tokens on blockchains….
Read MoreTokenisation – Innovation in Capital Markets
Here’s what I think is going on with digital assets and security tokens and why it’s the most exciting thing going on in finance right now. There are two parallel streams of innovation: A new technology, and increased automation. New Techno…
Read MoreWho legally owns all the shares? Not you.
In this post I explore how legal title to publicly listed shares works in Hong Kong, the USA, and Singapore. Then I relate this to tokens recorded on blockchains. Hong Kong I learnt something interesting on Monday when the Hong Kong Securities and Futu…
Read MoreBanking When the Bank is Shut – Token Maximalism
In this post I describe why freeing financial assets from the books of custodians and returning control of them to their owners could create significant benefits to an economy. This brings together concepts from traditional finance, cryptocurrencies, a…
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