Bypassing banks

March 13th, 2017 "Every time man makes a new experiment he always learns more. He cannot learn less." – R. Buckminster Fuller **CONSENSUS 2017**   Consensus 2017 is about to get serious. We'll be announcing our agenda later this week with 18 different tracks, multiple workshops, and fireside chats with industry leaders. You won't want to miss it! May 22-24 in New York City ☀️️ ️GET YOUR TICKET HERE ️️☀️️   THE FEATURE Foxconn Reveals Plan for Blockchain Supply Chain Domination In what could be one of blockchain's first steps towards helping companies bypass banks, Foxconn has revealed a prototype aimed at facilitating cash flow along its supply chain.   The Taiwan-based giant electronics firm will run the platform as a separate entity, and has joined forces with Chinese P2P lender Dianrong. CoinDesk spoke to the project leads on the platform's plans and potential. Apart from lowering financing costs, the project aims to smooth cash flows by advancing P2P financing of working capital needs. This could help to avoid funding delays that disrupt the supply chain and liquidity squeezes that hurt smaller suppliers.   Read the whole story Tweet Share Got this from a friend? SUBSCRIBE HERE *STATE OF BLOCKCHAIN 2017* In our latest State of Blockchain 2017 report, we look at media interest in cryptocurrencies and blockchain over the last quarter. We found that bitcoin represented half of media mentions, blockchain was close behind, while interest in ethereum dwindled. CoinDesk's State of Blockchain 2016 Year in Review summarizes key trends, data and events from Q4 and the year as a whole. SEE THE REPORT  Wait, there's more: Nobody Understands Bitcoin (And That's OK) *Guest feature*: Jameson Lopp, entrepreneur and software engineer at BitGo, highlights how hard it is to completely understand a technology that is constantly evolving and that represents complex cultural concepts. Read more. Using Google Trends to Estimate Bitcoin's User Growth *Guest feature*: Entrepreneur, trader and investor Willy Woo shows us how looking at search engine habits can say a lot about bitcoin's development. Read more.   Say Hello to the Multi-Blockchain Business Model *Opinion*: Recent large funding rounds in blockchain startups have almost all been in business models that rely on more than one type of blockchain. Is this the beginning of a trend away from 'pure plays'? Read more. Fire, Flesh & Blockchain: Dubai's DED Sees Truth as Economic Enabler Mohammed Shael Al Saadi, head of economic development for the city of Dubai, spoke to CoinDesk about the role of government support for the city's plan to have all official documents on the blockchain by 2020. Read more. Natural Gas Pegged for Next ING, SocGen Blockchain Test The two European financial groups are planning to follow up their recent oil trading trial with a pilot focusing on liquefied natural gas. Read more. Industry Speaks Out in Aftermath of Bitcoin ETF Rejection CoinDesk spoke to industry insiders about their take on the SEC's decision to reject the Winklevoss' bitcoin ETF proposal. While some expressed disappointment, most confirmed their belief that bitcoin fundamentals are still positive. Read more. Bitcoin Exchange Bitso Trials Canada-Mexico Remittance Service The Mexican startup has been working with Canadian payments company Paycase to create a new remittance corridor between the two countries. Read more.   Go to CoinDesk BTC: $1,237.32 +3.9%  ETH: $28.25 +24.1% @10:00 EST - More price details PRESS RELEASES   03, Mar - Press Release: Ethplorer 2.0: Tokens for investors, widgets and API for developers. 01, Mar - Press Release: New Payment Option At VISIONAPARTMENTS - Rents can now be Paid in Bitcoin 01, Mar - Press Release: mBTC Shop successfully integrates with Flexepin for physically purchasing Bitcoin in Canada ❄️ I hope that you had an enjoyable weekend! If you're in warmer climes, spare a thought for us on the east coast of the US, preparing for blizzards. (I mean, seriously?? In March??) ❄️  Copyright © 2017 CoinDesk, All rights reserved. You're receiving this email because you subscribed for updates on our website. Our mailing address is: CoinDesk 636 Avenue of the Americas New York City, NY 10011 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list