In our previous articles in this series we argued that banks can create new markets for themselves in trade finance by providing digitised letters of credit or trade finance instruments for the movement of both digital and physical goods using blockchain. We also highlighted the fact that Barclays, together with the Israeli start-up Wave, may
Rohan Isaacs (ZA)
Blockchain – in the real world of trade and commodity finance, how will this Uber work?
By Steve Chemaly & Rohan Isaacs (ZA) on
In our last article in this series we argued that banks can create new markets for themselves in trade finance by providing digitised letters of credit or trade finance instruments for the movement of both digital and physical goods using blockchain. We likened the ease of transacting in this way to the simplicity of ordering…
Blockchain – will this be trade and commodity finance’s Uber?
By Steve Chemaly & Rohan Isaacs (ZA) on
Uber’s success is that it made it as easy to order and pay for a ride as clicking a few buttons. It created a multi-billion dollar market that didn’t exist just a few years ago. Blockchain is a payment technology that enables people to automate functions that previously needed manual input and creates certainty without…
New structures to fight cybercrime
By Rohan Isaacs (ZA) & Tatum Govender (ZA) on
Cybercrime happens at the speed of broadband with criminals able to easily move the tools of their activities from one location to another. Successfully combatting cybercrime therefore requires real time detection and investigation, often by different agencies in different countries.
Cybercrime has exploded internationally in the past several years in tandem with the surge of…
Challenges to banking and tech: data and cybercrime
By Rohan Isaacs (ZA) on
The proliferation of data gives rise to two challenges:
- Companies need to manage the vast amounts of data they now control and turn it to useful purposes.
- The availability of so much data has been an ideal environment for an explosion of various forms of cybercrime.
Data
The role of data scientists and analytic technology…