Looking at a wallet based payment chain (P2P) the central pivot point is the wallet itself. The wallet needs to have the values available either in the wallet or immediately on call by a service provider. Euro’s – or any other currency for that matter – could be provided by a gateway provided per bank based on the PAAS conception.
(2 min. read) The inevitable finally happened: the deadline for SEPA for Euro countries to introduce SEPA Credit Transfers and SEPA Direct Debit will be postponed with 6 months. You [...]
Finextra: Bitcoin exchange MT. Gox introduces account verification: In a statement on its Web site about the new verification system, MT. Gox says: "The Bitcoin market continues to evolve, as [...]
For those who are not initiated in SEPA or in CSM interoperability lets first dissect the title of this post. You can find a short synopsis here on: What is [...]
With the end-date of local payment formats in February 2014 looming around the corner I have started to evaluate the SEPA endeavour. The first part was published at April 3 [...]
Since starting with my investigations into "Collaborability" I found it not easy at all to describe it in all its width and for all its implications. Using the blog format [...]
To make bitcoin payments or receive bitcoins the payer and payee both need to have a bitcoin wallet (at a connected computer) at their disposal and the payer the necessary [...]
The first misconception covered in this series is Felix Salmons’ notion of trust in general and trust in the interconnected world. The next misconception I want to address is Felix [...]
What we today perceive as money is the result of thousands of years of evolution. And looking at history, why we would be the “lucky guys” to live in the [...]
(This is part 3 of an article on crypto-currencies at Red Planet Dust. See for Part 1, Part 2) Human collaboration is based on trust. We do not have a [...]
The payments landscape is characterised by profound fragmentation, getting worse everyday. In payments, especially in Europe, regulators and banks have successfully tried to prevent fragmentation for decades. But the spirit [...]
One of the cornerstones of my speech at the conference on the Future of Payments in June 2012 (Amsterdam), which I delivered on behalf of Enigma Consulting, was that the [...]
