Kiffmeister’s Daily Fintech Digest 03/31/2019

• The space mission to buy us vital extra hours before a solar storm strikes – MIT Technology Review

  The 1859 “Carrington Event” produced so much geomagnetic activity that sparks flew from telegraph equipment. If it happened today, it could debilitate power in urban centers, cut off GPS, and put satellite communications at risk.

  tags: CAT Fintech Blog

• These Cryptocurrency Data Sites Aim to Be More Accurate Than Coinmarketcap – Bitcoin News

  tags: CryptoAssets Liquidity Blog

• Deconstructing ‘Decentralization’: Exploring the Core Claim of Crypto Systems by Angela Walch :: SSRN

  The application of the term “decentralized” to blockchain systems, and making legal judgments based on it, creates a “veil of decentralization” that functions as a liability shield for developers and miners and gives them a core benefit of organizational law without accompanying obligations.

  tags: CryptoAssets Blockchain Regulation Blog

• Fintech in Latin America and the Caribbean: Stocktaking

  “This paper documents the evolution of fintech in LAC. In particular, the paper focuses on financial development, fintech landscape for domestic and cross border payments and alternative financing, cybersecurity, financial integrity and stability risks, regulatory responses, and considerations for central bank digital currencies.”

  tags: Fintech CBDC Blog

• Cash Use Across Countries and the Demand for Central Bank Digital Currency

  “The level and trend in cash use in a country will influence the demand for central bank digital currency (CBDC). While access to digital currency will be more convenient than traveling to an ATM, it only makes CBDC like a bank debit card—not better. “

  tags: CryptoAssets CBDC Blog

• Understanding Central Bank Digital Currency

  Launching a CBDC entails large risks as potential economic disruption could outweigh the desired, but mostly untested benefits. However, what is right for some developed economies may not be true for developing ones, where risks and benefits are inherently different.

  tags: CryptoAssets CBDC Blog

• How to Regulate Bitcoin? Decentralized Regulation for a Decentralized Cryptocurrency – Nabilou Hossein

  This paper proposes a crypto-asset ecosystem regulatory approach that relies on a decentralized regulatory architecture built upon the existing regulatory infrastructure and makes use of the existing as well as the emerging middlemen in the industry.

  tags: CryptoAssets Regulation Blog

Posted from Diigo. The rest of my favorite links are here.