Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Utility Settlement Coin (USC)


JPM Morgan Chase testing Blockchain transactions, Telegram has 200 Million Users

JPMorgan Chase, Goldman Sachs (NYSE: GS) Pfizer Inc. (NYSE: PFE), and the Western Asset Management Company participated in the actual $150 million Yankee CD, American Banker reported. JPMorgan’s Blockchain Center of Excellence tested a mock transaction of a debt issuance in the same amount to see if it was possible on 21 April 2018.

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Is BNY Mellon Making Money?

Obviously a lot of people will be scared by the USC, because it sounds as if the bankers know something about the world’s financial system we do not. One cynical view might be that bankers fear the current system might collapse so they are quietly building an alternative.

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Ripple Joins Hyperledger, Central Banks experimenting with Blockchain Securities Swaps

Ripple (XRP) has joined the Linux Foundation-sponsored Hyperledger Project. This move is potentially disruptive because the Hyperledger Project is an

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