Economics - Page 3 of 11

Nobel Laureate Prof Banerjee – Applying RCT to Financial Inclusion

On the second day of the Asian Financial Forum (AFF), Prof Abhijit Vinayak Banerjee, the winner of the Nobel Prize in Economic Sciences will deliver a keynote speech on financial inclusion. Banerjee won the esteemed prize along with fellow MIT economist and spouse Esther Duflo and Harvard Academic, Michael Kremer. What is Financial Inclusion? Financial … Continue reading Nobel Laureate Prof Banerjee – Applying RCT to Financial Inclusion

Perianne Boring: Fostering Blockchain Through Regulatory Uncertainty

Perianne Boring is the Founder and President of the Chamber of Digital Commerce—the world’s first and largest blockchain trade association. The mission of the Chamber is to promote the acceptance and use of digital assets and blockchain technology. The Chamber represents more than 200 companies that are investing in and innovating with blockchain-based technologies, including … Continue reading Perianne Boring: Fostering Blockchain Through Regulatory Uncertainty

Perianne Boring: Blockchain Will Be the Foundation of the New Financial System

Perianne Boring is the Founder and President of the Chamber of Digital Commerce—the world’s first and largest blockchain trade association. Boring began her career as a legislative analyst in the U.S. House of Representatives, advising on finance, economics, tax, and healthcare policy. Prior to forming the Chamber, Boring was a television host and anchor of … Continue reading Perianne Boring: Blockchain Will Be the Foundation of the New Financial System

Nobel Prize Winning Economist Abhijit Banerjee: Is Blockchain the Key to Financial Inclusion?

We went along to the Asian Financial Forum (AFF) on Day Two to hear what Nobel Prize-Winning Economist Prof. Abhijit Banerjee would say in his keynote speech on financial inclusion. Insightful as it was, it mainly covered his application of randomized control trialing in inclusive finance and the insights he and his colleagues had gained … Continue reading Nobel Prize Winning Economist Abhijit Banerjee: Is Blockchain the Key to Financial Inclusion?

10 Things You Might Not Know About Davos

Now in its 50th year, the World Economic Forum (WEF) summit was first launched by German economist Klaus Schwab. The conference is aimed at working with both private and public bodies with the objective of impacting the global agenda on finances, economics and more recently climate change. It is held at the end of January … Continue reading 10 Things You Might Not Know About Davos

Positives Out of the Wuhan Coronavirus: Blockchain Educators in the City

For many outside of China, the city of Wuhan is now identified as being ground zero for the recent outbreak of the coronavirus, but some amazing innovation has come out of China’s seventh biggest city in recent years. Already established as a major motor manufacturing hub, the region is also making waves in the blockchain … Continue reading Positives Out of the Wuhan Coronavirus: Blockchain Educators in the City

IMF Official Talks Benefits and Shortcomings of CBDCs, Proposes a Hybrid Solution

The deputy managing director of the International Monetary Fund (IMF), Tao Zhang, talked about Central Bank Digital Currency (CBDC) at a conference hosted by the London School of Economics. He highlighted the advantages and disadvantages of a CBDC. CBDC a new asset class holding great potential In his keynote speech, Zhang recognized lower costs and … Continue reading IMF Official Talks Benefits and Shortcomings of CBDCs, Proposes a Hybrid Solution

Understanding the Market Structure of Oil and its Correlation with Bitcoin

Market Highlights The price of crude oil dropped below zero for the first time in history. Sellers were paying buyers to make deliveries of crude oil in a move to evade the possibility of sustaining storage costs. Demand for oil has reduced so much that all the storage facilities are at overcapacity with no interested … Continue reading Understanding the Market Structure of Oil and its Correlation with Bitcoin

Bitcoin Bull Run Ahead? Understanding the Factors Driving Bitcoin's Price Growth

Bitcoin breached its key resistance of 7,300$ today. Block halving, change in economic supply and an Ichimoku Kumo twist are driving the price forward, let’s take a look into how these factors are going to affect the price of bitcoin ahead. 1. Bitcoin Monetary Supply The economics of the bitcoin system is computerized and thus … Continue reading Bitcoin Bull Run Ahead? Understanding the Factors Driving Bitcoin's Price Growth

US-China Cold War Could Benefit Bitcoin

An internal Chinese report presented to Chinese Leader Xi Jinping and his top party members on May 4, concluded that anti-China sentiment is currently at its highest since the 1989 Tiananmen Square crackdown according to Reuters. The report was created by China’s top intelligence agency, the China Institutes of Contemporary International Relations (CICIR), a think … Continue reading US-China Cold War Could Benefit Bitcoin