Utility Settlement Coin Archives

daniel November 7, 2017November 7, 2017 An Interesting Speculative Play in Finance at BNY Mellon, Bank of New York, Bank of New York Mellon (NYSE: BK), Bank of New York Mellon is a Cryptocurrency Play – who knew?, BNY Cryptocurrency, BNY Mellon, BNY Mellon is listed as one of the participants in the Ethereum Enterprise Alliance, BNY Mellon’s business is growing, Clearmatics, Cryptocurrency Play, Hyperledger Project, The GOP Tax Plan, The GOP Tax Plan might be Lucrative for Bank of New York Mellon, There is a lot of Value at BNY Mellon, Utility Settlement Coin, Why BNY Mellon might be a Value Investment

An Interesting Speculative Play in Finance at BNY Mellon

Beyond the potential repatriations windfall, there is something else really fascinating about Bank of New York Mellon (BNY) – it is a potential cryptocurrency play. Mellon has been actively researching and experimenting with blockchain and altcoins; while finance industry leaders have been badmouthing them.
BNY Mellon is listed as one of the participants in the Ethereum Enterprise Alliance (EEA).
To add icing to the cake, BNY Mellon is also participating in the Linux Foundation’s Hyperledger Project.

Good Stocks

daniel November 23, 2016 Banco Santander (NYSE: SAN), Bank of America (NYSE: BAC), Bank of New York, Bank of New York Mellon (NYSE: BK), Bank of New York Mellon is an Income Investment, BNY Mellon, BNY Mellon (NYSE: BK), BNY Mellon is Making Money, Clearmatics, FinTech, The Deutsche Bank (NYSE: DB), UBS Group (NYSE: UBS), USC, Utility Settlement Coin, Wells Fargo (NYSE: WFC), Why BNY Mellon is also a FinTech Play

Is Bank of New York Mellon the best Value in FinTech?

Bank of New York Mellon is not just a bank with offices in Manhattan it is a FinTech play. BNY Mellon is one of four major banks developing the Utility Settlement Coin or USC, with the technology companies Icap and Clearmatics, Crowdfund Insider reported.

Market Insanity

daniel November 20, 2016 Are Central Bank Issued Cryptocurrencies a Good Idea?, bank issued digital currencies, Bank of New York Mellon (NYSE: BK), blockchain-based mediums of exchange, Central Bank Issued Cryptocurrencies, Central Bank Issued Cryptocurrency, Central Bank Issued Digital Currency, Citicoin, Citigroup (NYSE: C), CME Bitcoin Real Time Index, CME Bitcoin Reference Rate, CME Group Inc., COIN, cryptocurrencies, Cryptocurrency, Cryptocurrency Market Developing, Deutsche Bank (NYSE: DB), Digital Currencies, Fan Yifei, FinTech Accelerator, Goldman Sachs (NYSE: GS), Monetary Agency of Singapore, Narenda Modi, next-generation currency, PBOC, People’s Bank of China, replacement of paper money with digital currencies, SETLCoin, The World’s First Central Bank Issued Cryptocurrency is Here, UBS (NYSE: UBS), US Federal Reserve, Utility Settlement Coin, Zhou Xlaochuan

Should Central Banks Adopt Digital Currencies?

The PBOC is in a rush to develop a digital currency because of China’s experience with bitcoin. China is the world’s largest market for bitcoin because the cryptocurrency allows the country’s residents to easily bypass its’ rigid currency controls.

The central bankers apparently hope that issuing their own cryptocurrency will give them some control over the situation. Some control is better than no control which is what they have right now.