Simon and Colin are here this week to talk about the latest and greatest news in blockchain.
First up, we take a look at banking culture hindering blockchain adoption. Emmanuel Aidoo, the head of digital market assets at Credit Suisse, has stated – it is banking culture that has so far slowed the adoption of blockchain technology in the financial industry. Colin comments it’s a refreshing thing to hear and that banks need to learn how to take small risks. Simon adds that companies moving from what they’re known for into innovative technologies can be and has been done successfully before (01:11).
Next we talk about how Jaguar Land Rover is planning to allow helpful car drivers to earn cryptocurrency. The car company is testing software that will allow drivers of its cars to earn the IOTA cryptocurrency as a reward for sharing data. The company is developing what it calls “smart wallet” technology to be installed in its automobiles. Simon remarks that it’s an interesting concept but it hasn’t been tested at scale yet and it makes sense that companies would want to get their hands on that data (13:09).
We have a great Tweet of the Week from @elonmusk on Ethereum.
Colin sat down with Stephen Palley from the Anderson Kill law firm to talk about BSV (34:00).
Other stories include:
- Nike’s ‘cryptokicks’ trademark application hints at its new blockchain ambitions
- Bitfinex Covered $850 Million Loss Using Tether Funds, NY Prosecutors Allege
- After the Bust, Are Bitcoins More Like Tulip Mania or the Internet?
All this and so much more on this week’s episode of Blockchain Insider. And why not send us your best tweets? See if you can get a shout out on the show!
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This week’s episode of Blockchain Insider was produced by Laura Watkins and Petrit Berisha. Edited by Alex Woodhouse.