Zitat des Tages von Blythe Masters:
Digital Asset has a revolutionary technology platform that eliminates the counterparty risk and lack of transparency that has hindered mainstream adoption of cryptographic technology. The possibilities for reducing cost and risk in settlement are enormous.
If you exclude your talent base from the benefits of hiring and deploying and making women successful, you're going to do less well than businesses that do a better job on that front.
The blockchain is the financial challenge of our time. It is going to change the way that our financial world operates.
The credit derivative market would never have evolved but for the preexistence of the derivative markets because so much of the technology was borrowed.
The Hyperledger Project is gaining traction on a daily basis, displaying how vital this effort is in advancing distributed ledger technology. Uniting the industry to drive this initiative forward is paramount to the success of distributed ledger technology.
Blockchain technology, or distributed ledger technology, is just a way of using the modern sciences of encryption to enable entities to share a common infrastructure for database retention.
The thing about innovation in financial markets is they're always building on what has come before. It's a natural process.
Our view is that sensitive, contractual, market-moving, private data should be kept private.
It was amazing feeling to be able to be involved in invention, but not just invention - the creating of a marketplace that had real value to add.
Distributed ledger technology is fashionable. In fact, if you could wear it, you'd put Ralph Lauren out of business, at least in my case.
With private chains, you can have a completely known universe of transaction processors. That appeals to financial institutions that are wary of the bitcoin blockchain.
Unfortunately, tools that transfer risk can also increase systemic risk if major counterparties fail to manage their own risk exposures properly.
I would describe Hyperledger as a tremendous opportunity for collaboration for firms that range from gigantic commercial concerns all the way to the smallest, newest startups. It's a community of great intellectual depth and great commercial breadth, and as such, I think the opportunity to be part of that is a unique and enriching experience.
I think the most important thing to understand about credit derivatives and their use at JPMorgan is they served a number of different purposes. First and foremost, they were a tool which initially was seen as being useful in managing the bank's own risk management challenges.
In bypassing barriers between different classes, maturities, rating categories, debt seniority levels and so on, credit derivatives are creating enormous opportunities to exploit and profit from associated discontinuities in the pricing of credit risk.
The platforms that are big, global, diversified, and both financial and physically enabled are competitively much better positioned than those which are not.
