Category: Report

January 11th, 2017 by jja_fr

Bitcoin Big Data
7 Startups, $45M Total Funding
Companies that develop tools to analyze activity on the public ledger to increase transparency.

Bitcoin Exchanges
213 Startups, $421M Total Funding
Companies that allow users to buy and sell crypto-currencies and implement trading strategies.

Bitcoin Financial Services
142 Startups, $111M Total Funding
Companies that provide typical banking services using bitcoin technology.

Bitcoin Gambling
36 Startups, $400K Total Funding
Companies that offer gambling opportunities using bitcoinas the stakes.

Bitcoin Infrastructure
75 Startups, $129M Total Funding
Companies that build the functionality that supports the continued development of the bitcoin ecosystem.

Bitcoin Mining
70 Startups, $269M Total Funding
Companies that develop the computer hardware associated with processing bitcoin transactions.

Bitcoin News and Data Services
57 Startups, $5M Total Funding
Companies that provide news and raw data services around the bitcoin ecosystem.

Bitcoin Payments
107 Startups, $478M Total Funding
Companies that enable merchants and consumers to pay for real world goods and services using bitcoin.

Bitcoin Services
27 Startups, $2M Total Funding
Companies that provide business services such as recruiting and tax prep, but with a bitcoin focus.

Bitcoin Trust & Verification Services
16 Startups, $102M Total Funding
Companies that help verify a bitcoin user’s identity for regulatory purposes.

Bitcoin Wallets
108 Startups, $398M Total Funding
Companies that offer consumers a place to securely store their bitcoins.

Blockchain Innovations
153 Startups, $855M Total Funding
Companies that are working on blockchain distributed ledger technologies.

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Posted in Blockchain, Report Tagged with: , ,

September 27th, 2016 by jja_fr

Introduction

The Global Financial Centres Index (GFCI) provides ratings, rankings and profiles for financial centres, drawing on two separate sources of data – instrumental factors and responses to an online survey. The GFCI was created in 2005 and first published by Z/Yen Group in March 2007. The GFCI is updated and republished each September and March. This is the twentieth edition (GFCI 20). 103 financial centres are actively researched. 87 financial centres appear in GFCI 20. The remaining 16 ‘associate centres’ will join the index when they receive sufficient assessments.

GFCI 20 - Top Ten

Instrumental factors

Many factors combine to make a financial centre competitive. We group these factors into five broad ‘areas of competitiveness’: Business Environment, Financial Sector Development, Infrastructure, Human Capital and Reputational Factors. Evidence of a centre’s performance in these areas is drawn from a range of external measures. For example, evidence about the telecommunications infrastructure competitiveness of a financial centre is drawn from the ICT Development Index (supplied by the United Nations), the Networked Readiness Index (supplied by the World Economic Forum), the Telecommunication Infrastructure Index (supplied by the United Nations) and the Web Index (supplied by the World Wide Web Foundation). 101 factors have been used in GFCI 20.

Financial centre assessments

GFCI uses responses to an ongoing online questionnaire1 completed by international financial services professionals. Respondents are asked to rate those centres with which they are familiar and to answer a number of questions relating to their perceptions of competitiveness. Responses from over 2,400 financial services professionals were collected in the 24 months to the end of June 2016. Of these 1,852 provided 23,006 valid financial centre assessments which were used to compute GFCI 20, with older assessments discounted according to age. More details of the methodology behind GFCI 20 can be found in Appendix 3.

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August 30th, 2016 by jja_fr

The credibility of blockchain

The concept of distributed ledger technology — or blockchain as it is commonly called — has taken the financial services sector by storm, with venture capital and investment pouring into technology startups. Debate over blockchain’s promise, as well as its limitations, is ongoing. For every believer who says blockchain is the most revolutionary technology platform to emerge since the internet, there are skeptics who claim it is merely the latest tulip mania.

Nonetheless, a broad consensus is emerging that it represents a real innovation over many of the systems and processes used in financial services and banking today.

Our view of the credibility of blockchain technology is informed by candid discussions with clients, banks, exchanges, central securities depositories and existing market service providers. There has been an influx of attention and initiatives from market participants, including startups and newly formed industry consortia focused on driving technical standards and fostering collaboration.

Unlocking Economic Advantage with Blockchain

While in the United States, the Depository Trust & Clearing Corp. is fielding proposals for a complete replacement of its credit default swap (CDS) settlement and reporting infrastructure, the Australian Stock Exchange is attempting to address changing regulatory requirements with a blockchain-based pilot. Regulators such as the Bank of England and European Securities and Markets Authority (ESMA) have published thoughtful commentary on the feasibility of digital cash and distributed ledger technology. Collectively, the tone of conversations has shifted from “Is this worth exploring?” to “How do we best engage?”

Financial commitments to blockchain are also growing. Investments in blockchain startups to date have reached $300 million, a figure that is growing swiftly. Investments totaled $125 million in 2015, and this has already been surpassed in the first half of this year. Although predominantly venture capital-backed, a handful of companies have attracted significant bank investment. Furthermore, we see growing internal spending by banks, which we estimate totaled $80 million in 2015.

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Posted in Fintech, Report, Strategy Tagged with: , , ,