Tag Archives: FinTech

Using Layer-2 Technologies to Improve Smart Contract Scalability 

By | February 3, 2023

Blockchain-based smart contracts have the potential to replace traditional contracts with decentralized contract enforcement in a way that does not involve a third-party intermediary. While smart contracts inherit key advantages from the base-layer blockchain infrastructure, such as decentralization, immutability, and transparency, they are also subject to the same trilemma that blockchains face: scalability, security, and… Read More »

Herding in the Non-fungible Token (NFT) Market 

By | January 19, 2023

As a new species of cryptographic asset based on blockchain technology, the non-fungible token (NFT) became prominent and attracted attention from academia and practitioners. Unlike cryptocurrencies, which primarily serve as a medium of exchange, NFTs are blockchain-recorded digital assets that can be anything digital, e.g., images, videos, and songs. The NFT market reached its peak… Read More »

Angels and Devils: The Early Crypto Entrepreneurs

By | January 18, 2023

This post is a summary of a paper that was selected for inclusion at the inaugural Digital Assets at Duke Conference at Duke University on January 20 and 21.  The past year was not a good one for crypto, with Sam Bankman-Fried’s massive fraud through FTX/Alameda, Do Kwon’s failed algorithmic stablecoin experiment (Terra Luna), and… Read More »

Personalizing the Prices While Keeping Customers Happy 

By | January 9, 2023

If you have ever wondered whether you paid a fair price for a flight ticket or an apparel piece, you are not alone. Customers are often concerned about paying higher than the “fair value” of products and services. The fair value, however, is subjective. While customers expect the products to be reasonably priced based on… Read More »

Who Sells Cryptocurrency?

By | January 2, 2023

On March 9, 2022, U.S. President Joe Biden issued a pivotal Executive Order “outlining the first ever, whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology.” Meanwhile, the Securities and Exchange Commission (SEC) considers protecting “main street” investors to be at the heart of U.S. financial… Read More »

Are Blockchain and Cryptocurrency M&As Harder to Close?

By | December 29, 2022

Blockchain has been one of the fastest-growing technologies in the last decade. While some of this impressive growth has been organic, mergers and acquisitions (M&A) have aided substantially, particularly in the last several years. The recent cryptocurrency report of PricewaterhouseCoopers emphasizes the extent of this contribution by documenting that “(t)he total value of crypto M&A… Read More »

Legal Liability of a 51%, Goldfinger Cryptocurrency Attack

By | December 28, 2022

Introduction  With a market cap of over $1 trillion, cryptocurrencies have quickly gone from an obscure novelty to an alternative currency juggernaut. The recent collapse of FTX, related entities, and others in the crypto ecosystem has drawn heightened attention to this important technology. Cryptocurrencies are decentralized digital currencies; cryptocurrencies also rely on the blockchain, described… Read More »

The Fallacies of Crypto-Whataboutism

By | December 16, 2022

Confront any crypto-enthusiast with statistics regarding the mammoth rise in crimes facilitated by cryptocurrencies, the response will almost always be:  What About Fiat? Crimes Committed With Fiat are Far Worse Than Crime With Crypto. This newfangled retort of Whataboutism is a flawed pivot and anemic argument form. Yes, legions of criminals have committed crimes using… Read More »

Regulation of Fintech to Address Financial Inclusion in Africa  

By | December 7, 2022

Financial inclusion indicates the extent to which individuals and businesses in a society can easily access and use appropriate, affordable, high quality, and timely financial services including banking, loan, equity, and insurance products. Incidentally, one of the global problems being tackled by the UN as part of the Sustainable Development Goals (SDGs) is financial inclusion.… Read More »

Trust in Fintech and trust in Insurtech are influenced by Artificial Intelligence 

By | November 11, 2022

New Fintech and Insurtech services are popular with consumers as they offer convenience, new capabilities and in some cases lower prices. Consumers like these technologies but do they trust them? The role of consumer trust in the adoption of these new technologies is not entirely understood. From the consumer’s perspective, there are some concerns due… Read More »