Distributed Ledger Technologies (DLT) are simple in nature and complex in operations. DLTs hold real promise in their ability to reduce “Friction”. Friction can be an economic cost and expense that strips your liquidity by forcing buyers and sellers to navigate through the “sludge” by adding unnecessary Steps and Bureaucracy. Like the preferred clean oil in your car, reducing friction improves more than your engine.
Take the recent issue in the U.S. with tainted romaine lettuce. The romaine lettuce from Arizona was identified as dangerous for consumption and was pulled from distribution networks. Now, not all romaine was dangerous; ...
My prediction ApplePay “Crypto” is not too far away … Apple wants in the Crypto-Arena.
Goldman Sachs and Apple are preparing to launch a new joint credit card (WSJ May 10, 2018), a move that would mark the Wall Street firm’s first foray into plastic and deepen the technology giant’s push into its customers’ wallets.
The planned card would carry the Apple Pay brand and could launch early next year.
Assume for the moment you are the leader of one of the most valuable companies in the U.S. (Apple) and you know there are simply just so many iPhones and other iDevices you can sell or sell to or provide services for.