| | October 12th, 2016
"If all the economists were laid end to end, they’d never reach a conclusion."
– George Bernard Shaw
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The battle for blockchain standards has begun. It’s not just a battle between standards. It’s also a debate as to whether or not standards are a good thing at this stage.
On the one hand, consortia welcome the structure that common parameters establish (and see them as a support to efficient design). On the other, the perceived duplication of efforts is a point of resistance.
Where some see imposed uniformity, others see essential interoperability.
The debate doesn’t stop there. If standards are going to be adopted, which standards? Who decides? Do we let consortia and regulation guide the process? Or do we leave it up to the market? (Read the full story.)
What else?
· Wells Fargo collaborates on blockchain complement to Swift. How?
· EY to use Bankchain for gold bullion instant settlement. Efficient markets.
· Augur’s post-launch price decline raises questions. Such as?
· Analytics sheds light on dark markets. More info.
· Aaaaand it’s back: renewed interest in the bitcoin price. Up we go.
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