How corporates can use blockchain technology in supply chain finance | The Paypers

Opposed to the traditional way of doing business, by using blockchain technology, parties can work smarter and as a result reduce costs significantly

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By Kris Wielens. The blockchain technology can offer great potential for corporates: increased control, speed and reliability of their supply chain at a fraction of the cost of the current infrastructure.

Blockchain smart contract platforms on the rise » Brave New Coin

When bitcoin initially came on to the financial playing field in 2009, little note was taken of the fledgling technology. As the years have passed, it has received applause and criticism. However, bitcoin as a currency has not experienced the same staggering rise to fame as it’s underlying technology.

Sourced through Scoop.it from: bravenewcoin.com

By B Holmes. Blockchain technology has taken on many different forms, attracting attention from the financial industry, insurance firms, regulatory bodies and many more. It’s potential to disrupt bureaucratic systems in new and interesting ways is tempting both large organisations and governments. One specific aspect is the smart contract.

Finland: Universal Basic Income and deregulation — Medium

The Government pursues a deregulatory agenda in conjunction it has drawn up plans to pay every adult citizen a basic income of €800 each month. Under proposals drafted by the Finnish Social Insurance Institution (Kela), the tax-free payments would replace all other benefit payments, and would be paid to all adults regardless of whether or not they receive any other income.

Sourced through Scoop.it from: medium.com

By Andrew Brady. It is estimated to cost Finland €46.7 billion per year

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The Financial System is Unstable !!!

As usual very interesting

The Connectivist

Triple-Dip-RecessionIn 2005 the then newly appointed at Tilburg University professor Hans Blommestein [(OECD) asked me “are very large and complex interconnected financial systems stable or not ?”. The banking world had always ASSUMED that more interconnections between their (several types of) banks and with insurance companies would make the total ‘network’ of organizations more stable, since the them current thought was that small disturbances would even out and risks could be shared when misfortune did happen in one of their investments. But from the signals from the field Blommestein was not so sure anymore if that assumption was right, so he asked me as experienced computer network architect if this was true or not. He expressed worries about the SYSTEM INSTABILITY of the banking system [1]. 

1. Sure the financial system does fluctuate and can do so suddenly and violently. As do stock markets. “Volatility” can be staggering as…

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Universal Basic Income is the Hottest HR Technology

A friend of mine just asked, “What HR technology excites you most? What’s new? What’s hot?” Those are complicated questions. The easy answer is to send you to analysts and advisors who tell me that

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By Laurie Ruettimann. When people ask me what HR technology or program excites me most, I tell them: universal basic income. It’s a defined and guaranteed sum of money given by a government to keep people above the poverty line. #UBI

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Economist Editorial Skeptical about Short Term Growth of Blockchain Technology

The Economist’s opinion is pretty much in lockstep with much of the world’s biggest industries that have been predicted the adoption of blockchain tech.

Sourced through Scoop.it from: www.cryptocoinsnews.com

Companies like Deloitte have predicted that other industries such as insurance and entertainment will also adopt blockchain technology to a great extent and they may be the ones to make the best use of it first.