Decentralised Applications in FinTech

The new ‘Decentralised Applications in FinTech’ blog is all about how blockchain technology underpinning digital currencies such as Bitcoin can be used to innovate, improve, disrupt and re-invent processes in financial services.

The key concept is ‘decentralised applications’ – applications or systems which do not rely on a single entity to manage the substance of agreements between two or more transacting but otherwise independent counter parties, but rather which delegate such responsibility to the technology and the mathematically robust algorithms underpinning established and emerging digital currencies.

Decentralised applications have the potential to dramatically increase innovation, reduce costs, improve services, reduce risk, improve compliance and generally create a whole class of new economic opportunities for people who may not even be aware that these technologies are involved.

As it stands today, this vision is still only potential: it may not be realised.

The blog will attempt to communicate a shared understanding within the FinTech community of the benefits and opportunities  (or not) that Decentralised Applications could bring to Financial Services specifically, and to dependent industries, through innovative payment models.

The blog can be accessed here.

Decentralised Applications in FinTech

Rallyteam Helps Companies Foster And Retain Talent

TechCrunch

Many businesses these days struggle to retain their employees — and especially the millennials who are now entering the workforce. Instead of just a stable paycheck, many now look for a bit more in their jobs, and the companies that can offer that are the ones that will keep their best employees for longer. Rallyteam, which is launching at TechCrunch Disrupt SF 2014 today, sees itself as an “employee empowerment platform.” The service helps employees find interesting internal opportunities on which to spend a few hours a week that will help them broaden their skill set and expand their horizon inside the company.

Rallyteam’s Canadian co-founders Huan Ho and Dan Ellis came up with the idea for the service after working in large corporations for a long time. On the one had, these large corporations often offered few opportunities for growth and that the professional development opportunities they offered were mostly…

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