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This article is an exclusive contribution to CoinDesk’s 2017 in Review opinion series.

Years, and even centuries, never really begin on Jan. 1st.

You can always spot the real beginning in events that occur a bit later, or a bit earlier, than the official start. The 20th century, for example, began in 1914 with the burst of World War I and left the stage to the new millennium in 1989 when communist economies collapsed and opened to free enterprise.

Read the full article at Coindesk: 2018: The Year We Make Cont(r)act

Abstract

Introduction: Blockchain Hype vs Blockchain Seclusion?

There has been a lot of noise in the press about the great potential uses for financial markets of Bitcoin-related technology, that could be extracted from the Bitcoin world and applied to existing markets to increase efficiency dramatically. Later, there has been a lot of noise about the fact that there is no actual use but all boils down to a generic enthusiasm called Blockchain Hype, and Bitcoin is the only reality where such technology can be fruitfully used.

Read the full whitepaper at SSRN here: From ‘Blockchain Hype’ to a Real Business Case for Financial Markets by Massimo Morini :: SSRN

A new paper on blockchain technology has been released by the head of interest rate and credit models at Banca IMI, an investment banking and capital markets subsidiary of Intesa Sanpaolo. The paper highlights “real business cases” for the technology, arguing that financial services need to be reformed and not simply improved.

Read the article at Bitcoin Magazine: Banca IMI Researcher: Blockchain Won’t Work if Banks Don’t Change — Bitcoin Magazine

See more at Amazon here: Counterparty Credit Risk, Collateral and Funding: With Pricing Cases For All Asset Classes: 9780470748466: Economics Books @ Amazon.com

Interest Rate Modelling after the Financial Crisis

See more on the book at Risk Books here: Interest Rate Modelling after the Financial Crisis – Risk Books

See more on the book at Wiley Finance here: Wiley: Understanding and Managing Model Risk: A Practical Guide for Quants, Traders and Validators – Massimo Morini

According to a report published by Santander InnoVentures last year, the technology could cut bank infrastructure costs for cross-border payments, securities trading and regulatory compliance by $15 billion to $20 billion a year by 2022.

But blockchain also has the potential to become a general-purpose technology—a breakthrough, like the steam engine, electricity or the Internet, that changes how society and the economy work.

The World Economic Forum has predicted that, by 2027, 10 percent of global GDP is likely to be stored on blockchain platforms.

Read the whole article at Accenture.com here: An Executive’s Guide to Blockchain – Accenture Outlook

Ignore Bitcoin’s challenges. In this interview, Don Tapscott explains why blockchains, the technology underpinning the cryptocurrency, have the potential to revolutionize the world economy.

Read the whole article at McKinsey.com here: How blockchains could change the world | McKinsey & Company

Until recently, we’ve relied on trusted intermediaries to send information over the internet. In 2008, a pioneering payment method and cryptocurrency entered the market–bitcoin. The technology behind it, called Blockchain, has forever changed both online payment and information sharing networks.

To learn more about this emerging business technology, I interviewed Blockchain expert Jeremy Epstein…

Read the whole article at INC.com here: Will Blockchain Be the Ultimate Disrupter? Harvard Says Yes | Inc.com