The Hyperledger Project is gaining traction on a daily basis, displaying how vital this effort is in advancing distributed ledger technology. Uniting the industry to drive this initiative forward is paramount to the success of distributed ledger technology.
If you exclude your talent base from the benefits of hiring and deploying and making women successful, you're going to do less well than businesses that do a better job on that front.
In bypassing barriers between different classes, maturities, rating categories, debt seniority levels and so on, credit derivatives are creating enormous opportunities to exploit and profit from associated discontinuities in the pricing of credit risk.
I think the most important thing to understand about credit derivatives and their use at JPMorgan is they served a number of different purposes. First and foremost, they were a tool which initially was seen as being useful in managing the bank's own risk management challenges.
I have a quantitative background, but really, derivatives appealed to me because they require so much creativity.
Digital Asset has a talented team and technology that is uniquely positioned to solve challenging settlement issues facing global financial institutions.
Digital Asset has a revolutionary technology platform that eliminates the counterparty risk and lack of transparency that has hindered mainstream adoption of cryptographic technology. The possibilities for reducing cost and risk in settlement are enormous.
The idea that commodities, as an asset class, is finished is just fundamentally flawed.
Digital Asset has a revolutionary technology platform that eliminates the counterparty risk and lack of transparency that has hindered mainstream adoption of cryptographic technology.
With private chains, you can have a completely known universe of transaction processors. That appeals to financial institutions that are wary of the bitcoin blockchain.
In financial services, the front end of the world operates at super-high speeds: comparative advantages are measured in fractions of nanoseconds. And yet back end processes - the amount of time you have to wait when you sell a stock before cash hits your account - can take days.
It was amazing feeling to be able to be involved in invention, but not just invention - the creating of a marketplace that had real value to add.
You have to abide by the regulations that the regulators insist on. This is not a philosophical divide - it's a fact of life.