Blockchain for Business Series: Understanding Business and Technological Design Imperatives of Central Bank Digital Currency (CBDC)

Introduction: What is Central Bank Digital Currency (CBDC) and Why Is It Important? In this post we plan to expend some time and energy in understanding Central Bank Digital Currency or CBDC. While the notion of “Central Banks” implies centralized control and governance structure the term itself may be against the doctrine of decentralization which lays […]

The Bermuda Triangle: poor financial knowledge

The good news first: Germans are putting their money away for a rainy day again. While they saved EUR 9 on average out of EUR 100 in 2013, it was already EUR 9.70 in 2016 with a continuing upward trend, as the Federal Statistical Office’s calculations for the first quarter of 2017 show. Germans are […]

Fintech and the power of Financial Inclusion in the developing world.

The industrial revolution was a revelation for many countries whose economies were able to advance at speeds not seen before. An unfortunate side effect of this was that the disparity between growth in the developed world and growth in the developing world, started to polarize exponentially at the same time and ultimately wealth and technical […]

The Biggest Challenges Facing Financial Services: Mindset and Metrics

For all of the technical challenges in digitally transforming (DX) financial services, it turns out that human beings are the most formidable puzzle piece of all. That’s because, if you dig deep enough into digital maturity — the end game of transformation — you realize that achieving it requires a radical, almost antithetical shift in […]

A bank financing the 21st century economy must act as an accelerator of the energy transition

Since the international community became acutely aware of the need for urgent action to limit global warming, and 195 countries signed up to the Paris Agreement in 2016, the world has embarked on a process of transition towards low-carbon energy. Switching from a high-energy-consuming economic system to a less energy-intensive, more sustainable model will require a balancing […]