Great Insights Elizabeth, The banks will catch up when the Tsunami arrives, Technology waits for no one. Regards On 8/4/16, Elizabeth Rossiello via kictanet <kictanet@lists.kictanet.or.ke> wrote:
Yes! Barclays has incubators in every major global hub, including Cape Town. These incubators have included blockchain and bitcoin companies in each graduating class for the last few years.
They have partnered with Circle, the Goldman Sachs-backed, giant that dominates US, European and soon Chinese retail payments using Blockchain.
They are working with extremely small start-ups, like Stellar, and very well-funded start-ups.
It is crazy that other African banks have been so slow to start their own research! It does not cost a lot to do this, as many start-ups would partner for free. The only cost is opening your mind.
On Thu, Aug 4, 2016 at 8:35 AM, Ali Hussein via kictanet < kictanet@lists.kictanet.or.ke> wrote:
Tony
Interesting. Barclays definitely seems to be taking Blockchain Technology seriously. I understand they are even incubating a Blockchain startup in South Africa. We should however note that the applications of Blockchain Technology go beyond Finance.
*Ali Hussein* *Principal* *Hussein & Associates* +254 0713 601113 / 0770906375
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On 4 Aug 2016, at 6:44 AM, Tony White via kictanet < kictanet@lists.kictanet.or.ke> wrote:
Competition for mpesa? It appears blockchain technology will feature prominently in this.
Who would have thought that Barclays would be the disruptive 'uber' of banking?
Cheers, -- Tony White
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