Stop me if you’ve heard this one before:
A lawyer, an accountant and an engineer walked into a bar — (no, not THAT bar, I’m talking about the other kind of bar that makes you immediately reconnect with your 5 year old self as you double over in pain).
The lawyer proceeded to sue for the grievous bodily harm inflicted on his personage, the accountant calculated how many other bars they were likely to walk into, leaving the engineer to wonder “who set the bar so low?”.
This is the origin story of blockchain technology.
In a world where the…
Since ancient times, the wise and the powerful have sought to preserve their knowledge (and their power) by concealing sensitive information with cryptography.
Today, cryptography plays a hidden role in many everyday tasks-like accessing a webpage via https://, sending a WhatsApp message, or even logging in to your smartphone.
Let’s take a look back at how we got here, and see how cryptographic methods have evolved to enable sophisticated technologies and concepts like Web 3.0 and digital scarcity.
The first cryptographic tools can be traced back to the seventh century BC, when Spartan warriors in Ancient Greece would pass secret…
Crypto can be quite the Jekyll and Hyde affair.
One minute, you are on an unfettered quest through a boundless universe, empowering everything around you. The next minute, everything wants to overpower you. That unwieldy wallet interface suddenly acting up as you are about to transact. This gas fee spiking up as you are about to send. That weird typo in your wallet update which may or may not be indicative of something malicious . Your phone freezing up .
With all these uncertainties continually nagging at the fore of the minds, it’s no wonder crypto custody often feels like…
Blockchain is hailed as a cybersecurity revolution; transforming databases into decentralized trust engines that provide the perfect mechanism for peer-to-peer transfers — all without the need to trust a third party.
Yet the keys to this engine are not trustless. The strings of cryptographic code that spark the ignition — controlling transfers and deposits on the blockchain — are vulnerable to theft and loss.
Until now, these keys have typically been stored in databases, or shunted offline in hardware and paper wallets; all arrangements that sacrifice accessibility and fine-grained control for the sake of very limited security.
Qredo introduces a…
My online, best friend’s name starts with “0x71dA0b62…” before trailing off into something worthy of waking Cthulhu from his slumber.
We don’t communicate much, but I know they are always there whenever I need to transact value, and they know I will always be there for the same. There is also one other thing we both know: my friend’s existence is only as good as where their private key or seed phrase is stored and who can access it. …
As fears of inflation take hold and negative rates loom on the horizon, even the most conservative of institutional investors-corporate treasurers-are looking to park surplus cash in digital assets.
According to Gartner, 5% of chief financial officers and senior finance leaders said they planned to hold bitcoin on their balance sheets in 2021. Yet digital asset infrastructure isn’t fit for the purpose. Most custodial technology is still struggling to guarantee security and liquidity, never mind offering treasury tools for automating workflows, managing liquidity, and reporting.
As a result, corporate treasurers holding crypto often rely on a fragmented set of tools…
Since the earliest days of financial regulation in seventeenth century Holland, authorities have enacted laws to protect consumers and aid financial stability. Today, these objectives are reflected in an overlapping framework of global and local standards.
Digital assets (and particularly DeFi) don’t slot neatly into this existing framework. So as the new blockchain-based economy grows, we are seeing regulators create another layer of definitions and approaches to govern this new technology.
On the one hand, progressive lawmakers are promoting the adoption of cryptocurrency networks; recognizing that the qualities of transparency and accountability expressed in blockchain-based infrastructure reflect the ethos of…
Having spent two decades leading a global company at the forefront of enterprise cryptography and cybersecurity, I was itching for something new.
Then when I became aware of Bitcoin in 2013, I didn’t appreciate it at first. But over the next several months I was converted.
Though I didn’t want to leave the cryptography world I had known since the earliest days of my professional career, I knew that my passion was now in the burgeoning crypto space; dealing in blockchain, which was overflowing with fresh opportunities for innovation.
While Satoshi had taken the trust out of transactions with Bitcoin…
Though most security token startups are currently working with permissioned blockchains, the drawbacks of these networks — and the never-ending need for more liquidity and higher security — are likely to lead financial institutions to eventually seek out permissionless blockchains like Bitcoin and Ethereum.Security Tokens on permissioned chains
The tokenization of equities is appealing for several reasons:
As the number of transactions peaked, so did transaction fees. To send bitcoin, people were paying an average fee of almost $55, and in some cases waiting several days for transactions to settle.
This bottleneck drew attention to the inherent drawback of decentralization: Just as it is easier for a single person to make a decision than it is for thousands to reach consensus, finding consensus over a decentralized network is slower and more difficult than with centralized systems.
This conundrum is at the heart of blockchain, and was neatly summarized by Ethereum creator Vitalik Buterin.
Buterin coined the term…