Recent months have seen blockchain innovation professionals departing legacy financial institutions for smaller startups, but the motivations driving this shift in the industry are less than clear.
To date, it’s been one of the less-discussed trends of 2016, given the lack of public dialogue from the major firms affected and the relative quiet of the new startup founders, many of whom are seeking to do business with their former employers.
So far in 2016, BNP Paribas, Deloitte, JPMorgan and State Street have all seen members of their blockchain teams depart. This has given rise to a new wave of lesser-known startups including firms like DPactum, Kadena and Nuco.
Still others, like the founder and head of Philips Blockchain Lab, have left without specifying why.
In interviews, representatives of these startups say the departures are more about bringing their enterprise blockchain insights to a wider group of industries. Rather than the result of any cutbacks in spending at major backs, this new generation of founders believes it will be easier to raise more capital, more quickly, outside the firm.
For Stuart Popejoy, who left JPMorgan’s blockchain project in July to found financial services-focused private blockchain startup Kadena, it’s about opportunity and demand.
Booking open Available Pune Call Girls Shivane 6297143586 Call Hot Indian Gi...
Why Big Bank Blockchain Leads Are Leaving For Startups
1. Why Big Bank Blockchain Leads Are Leaving for Startups
2. Why Big Bank Blockchain Leads Are Leaving for Startups
Recent months have seen blockchain innovation professionals
departing legacy financial institutions for smaller startups, but
the motivations driving this shift in the industry are less than
clear.
To date, it’s been one of the less-discussed trends of 2016, given
the lack of public dialogue from the major firms affected and
the relative quiet of the new startup founders, many of whom
are seeking to do business with their former employers.
So far in 2016, BNP Paribas, Deloitte, JPMorgan and State Street
have all seen members of their blockchain teams depart. This
has given rise to a new wave of lesser-known startups including
firms like DPactum, Kadena and Nuco. Still others, like the
founder and head of Philips Blockchain Lab, have left without
specifying why.
3. Why Big Bank Blockchain Leads Are Leaving for Startups
In interviews, representatives of these startups say the
departures are more about bringing their enterprise
blockchain insights to a wider group of industries. Rather than
the result of any cutbacks in spending at major backs, this
new generation of founders believes it will be easier to raise
more capital, more quickly, outside the firm.
For Stuart Popejoy, who left JPMorgan’s blockchain project in
July to found financial services-focused private blockchain
startup Kadena, it’s about opportunity and demand.
http://www.coindesk.com/big-bank-blockchain-leads-
startups/
5. Blockchain Technology Is Changing The Digital World As We Know
It
Although the creation of the web has solved many problems over the years, and because
of the fact that many of us couldn’t live without it, there’s always been the concern
about people’s security.
Other people can see what you’re doing online, track trends over what you look at, see
your pictures, and most importantly, it’s possible to see your financial transactions over
the worldwide web.
No matter how many different solutions have been thrown at this problem, there were
always leaks in them due to the use of third parties.
When purchasing something online using a credit card, which many of us do on a daily
basis, you’re giving away tons of your personal data, plus there’s the transaction fees
that we’ve all grown so used to, which are often not even worth it for smaller payments
and purchases.
6. Blockchain Technology Is Changing The Digital World As We Know
It
Not too long ago, in the year 2008, the first ever
cryptocurrency was created, it was the digital currency
known as Bitcoin. These are different then traditional types
of currencies as they’re not controlled by countries or
governements, and don’t go through any third party.
This was a huge breakthrough for means of exchange, and a
big solution to a lot of problems. Transactions usually go
through two or more parties for reasons of trust, but now
trust can be manufactured simply through a complex code.
Read More (Infographic).....ValueWalk
7. Blockchain Technology Is Changing The Digital World As We Know
It
https://www.linkedin.com/pulse/blockchain-technology-changing-
digital-world-we-know-wesley-yuhn?trk=mp-reader-card
https://www.youtube.com/channel/UC6nrazoXKlTTKdunCfcduCw
https://twitter.com/wesleyyuhn1
http://wesleyyuhnfintech.com/#/
https://www.youtube.com/watch?v=9J3j1Fcg_GA