Moody’s Research Warns Corporations That Private Blockchains Contain New Risks

News feeds from various cryptocurrency informational sources.

Moderator: Admin

User avatar
News
Active User
Posts: 18
Joined: Fri Mar 15, 2019 3:14 pm

Mon Apr 29, 2019 2:08 pm

United States credit rating agency Moody’s Investor Service warned about the dangers of private versus public blockchains in new research issued on April 25.

Part of an investigation into the potential impact of blockchain technology on structured finance, the report highlights key differences between current market trends.

Specifically, corporations should be aware of the pluses and minuses involved in using private blockchains, which can run without a decentralized consensus or governance mechanism and thus become open to manipulation.

“New risks with blockchain technology in securitizations may emerge as well as the reinforcement of some already existing ones,” a summary of the research document reads. It continues:
“Risks include counterparty concentration, IT and operational risks, inappropriate blockchain governance and legal and regulatory issues.”
Multiple major global entities have sought to leverage blockchain in one way or another with an eye to hooking specific market sectors.

Those efforts have resulted in forms of blockchain that are far removed from the decentralized structure powering bitcoin (BTC), with some, such as Accenture’s editable blockchain technology, even allowing users to alter the flow of information they contain.

For Moody’s, such features pose inherent risks.

“Private/centralised blockchains are more exposed to fraud risk because system design and administration remains concentrated with one or few parties,” the report summarizes.

Earlier this month, the World Economic Forum nonetheless reported that blockchain interest was high among central banks, with 40 considering the use of phenomena such as digital currencies.

The governments of Afghanistan and Tunisia, meanwhile, told the International Monetary Fund that they want to issue bitcoin-based bonds in future.
gurumaster
Active User
Posts: 159
Joined: Wed May 22, 2019 12:37 pm

Sun Jun 30, 2019 10:00 pm

Chargeback frauds result in limited market reach and increased prices, which in turn penalizes customers.
News wrote:
Mon Apr 29, 2019 2:08 pm
United States credit rating agency Moody’s Investor Service warned about the dangers of private versus public blockchains in new research issued on April 25.

Part of an investigation into the potential impact of blockchain technology on structured finance, the report highlights key differences between current market trends.

Specifically, corporations should be aware of the pluses and minuses involved in using private blockchains, which can run without a decentralized consensus or governance mechanism and thus become open to manipulation.

“New risks with blockchain technology in securitizations may emerge as well as the reinforcement of some already existing ones,” a summary of the research document reads. It continues:
“Risks include counterparty concentration, IT and operational risks, inappropriate blockchain governance and legal and regulatory issues.”
Multiple major global entities have sought to leverage blockchain in one way or another with an eye to hooking specific market sectors.

Those efforts have resulted in forms of blockchain that are far removed from the decentralized structure powering bitcoin (BTC), with some, such as Accenture’s editable blockchain technology, even allowing users to alter the flow of information they contain.

For Moody’s, such features pose inherent risks.

“Private/centralised blockchains are more exposed to fraud risk because system design and administration remains concentrated with one or few parties,” the report summarizes.

Earlier this month, the World Economic Forum nonetheless reported that blockchain interest was high among central banks, with 40 considering the use of phenomena such as digital currencies.

The governments of Afghanistan and Tunisia, meanwhile, told the International Monetary Fund that they want to issue bitcoin-based bonds in future.
gurumaster
Active User
Posts: 159
Joined: Wed May 22, 2019 12:37 pm

Sun Jun 30, 2019 10:23 pm

Accepting credit cards online typically requires extensive security checks in order to comply with the PCI standard.
News wrote:
Mon Apr 29, 2019 2:08 pm
United States credit rating agency Moody’s Investor Service warned about the dangers of private versus public blockchains in new research issued on April 25.

Part of an investigation into the potential impact of blockchain technology on structured finance, the report highlights key differences between current market trends.

Specifically, corporations should be aware of the pluses and minuses involved in using private blockchains, which can run without a decentralized consensus or governance mechanism and thus become open to manipulation.

“New risks with blockchain technology in securitizations may emerge as well as the reinforcement of some already existing ones,” a summary of the research document reads. It continues:
“Risks include counterparty concentration, IT and operational risks, inappropriate blockchain governance and legal and regulatory issues.”
Multiple major global entities have sought to leverage blockchain in one way or another with an eye to hooking specific market sectors.

Those efforts have resulted in forms of blockchain that are far removed from the decentralized structure powering bitcoin (BTC), with some, such as Accenture’s editable blockchain technology, even allowing users to alter the flow of information they contain.

For Moody’s, such features pose inherent risks.

“Private/centralised blockchains are more exposed to fraud risk because system design and administration remains concentrated with one or few parties,” the report summarizes.

Earlier this month, the World Economic Forum nonetheless reported that blockchain interest was high among central banks, with 40 considering the use of phenomena such as digital currencies.

The governments of Afghanistan and Tunisia, meanwhile, told the International Monetary Fund that they want to issue bitcoin-based bonds in future.
wonshey
Active User
Posts: 130
Joined: Thu May 23, 2019 5:46 am

Mon Jul 01, 2019 1:57 pm

Most point of sales businesses use a tablet or a mobile phone to let customers pay with their mobile phones.
News wrote:
Mon Apr 29, 2019 2:08 pm
United States credit rating agency Moody’s Investor Service warned about the dangers of private versus public blockchains in new research issued on April 25.

Part of an investigation into the potential impact of blockchain technology on structured finance, the report highlights key differences between current market trends.

Specifically, corporations should be aware of the pluses and minuses involved in using private blockchains, which can run without a decentralized consensus or governance mechanism and thus become open to manipulation.

“New risks with blockchain technology in securitizations may emerge as well as the reinforcement of some already existing ones,” a summary of the research document reads. It continues:
“Risks include counterparty concentration, IT and operational risks, inappropriate blockchain governance and legal and regulatory issues.”
Multiple major global entities have sought to leverage blockchain in one way or another with an eye to hooking specific market sectors.

Those efforts have resulted in forms of blockchain that are far removed from the decentralized structure powering bitcoin (BTC), with some, such as Accenture’s editable blockchain technology, even allowing users to alter the flow of information they contain.

For Moody’s, such features pose inherent risks.

“Private/centralised blockchains are more exposed to fraud risk because system design and administration remains concentrated with one or few parties,” the report summarizes.

Earlier this month, the World Economic Forum nonetheless reported that blockchain interest was high among central banks, with 40 considering the use of phenomena such as digital currencies.

The governments of Afghanistan and Tunisia, meanwhile, told the International Monetary Fund that they want to issue bitcoin-based bonds in future.
alayemi
Active User
Posts: 144
Joined: Thu May 23, 2019 5:44 am

Mon Jul 01, 2019 3:24 pm

You can disclose your addresses to your friends so that they can pay you or vice versa. In fact, this is pretty similar to how email works, except that Bitcoin addresses should be used only once.
News wrote:
Mon Apr 29, 2019 2:08 pm
United States credit rating agency Moody’s Investor Service warned about the dangers of private versus public blockchains in new research issued on April 25.

Part of an investigation into the potential impact of blockchain technology on structured finance, the report highlights key differences between current market trends.

Specifically, corporations should be aware of the pluses and minuses involved in using private blockchains, which can run without a decentralized consensus or governance mechanism and thus become open to manipulation.

“New risks with blockchain technology in securitizations may emerge as well as the reinforcement of some already existing ones,” a summary of the research document reads. It continues:
“Risks include counterparty concentration, IT and operational risks, inappropriate blockchain governance and legal and regulatory issues.”
Multiple major global entities have sought to leverage blockchain in one way or another with an eye to hooking specific market sectors.

Those efforts have resulted in forms of blockchain that are far removed from the decentralized structure powering bitcoin (BTC), with some, such as Accenture’s editable blockchain technology, even allowing users to alter the flow of information they contain.

For Moody’s, such features pose inherent risks.

“Private/centralised blockchains are more exposed to fraud risk because system design and administration remains concentrated with one or few parties,” the report summarizes.

Earlier this month, the World Economic Forum nonetheless reported that blockchain interest was high among central banks, with 40 considering the use of phenomena such as digital currencies.

The governments of Afghanistan and Tunisia, meanwhile, told the International Monetary Fund that they want to issue bitcoin-based bonds in future.
alayemi
Active User
Posts: 144
Joined: Thu May 23, 2019 5:44 am

Mon Jul 01, 2019 4:55 pm

It allows Bitcoin wallets to calculate their spendable balance so that new transactions can be verified thereby ensuring they're actually owned by the spender.
News wrote:
Mon Apr 29, 2019 2:08 pm
United States credit rating agency Moody’s Investor Service warned about the dangers of private versus public blockchains in new research issued on April 25.

Part of an investigation into the potential impact of blockchain technology on structured finance, the report highlights key differences between current market trends.

Specifically, corporations should be aware of the pluses and minuses involved in using private blockchains, which can run without a decentralized consensus or governance mechanism and thus become open to manipulation.

“New risks with blockchain technology in securitizations may emerge as well as the reinforcement of some already existing ones,” a summary of the research document reads. It continues:
“Risks include counterparty concentration, IT and operational risks, inappropriate blockchain governance and legal and regulatory issues.”
Multiple major global entities have sought to leverage blockchain in one way or another with an eye to hooking specific market sectors.

Those efforts have resulted in forms of blockchain that are far removed from the decentralized structure powering bitcoin (BTC), with some, such as Accenture’s editable blockchain technology, even allowing users to alter the flow of information they contain.

For Moody’s, such features pose inherent risks.

“Private/centralised blockchains are more exposed to fraud risk because system design and administration remains concentrated with one or few parties,” the report summarizes.

Earlier this month, the World Economic Forum nonetheless reported that blockchain interest was high among central banks, with 40 considering the use of phenomena such as digital currencies.

The governments of Afghanistan and Tunisia, meanwhile, told the International Monetary Fund that they want to issue bitcoin-based bonds in future.
gurumaster
Active User
Posts: 159
Joined: Wed May 22, 2019 12:37 pm

Mon Jul 01, 2019 7:40 pm

If you're getting started with Bitcoin, there are a few things you should know. Bitcoin lets you exchange money and transact in a different way than you normally do. As such, you should take time to inform yourself before using Bitcoin for any serious transaction. Bitcoin should be treated with the same care as your regular wallet, or even more in some cases!
News wrote:
Mon Apr 29, 2019 2:08 pm
United States credit rating agency Moody’s Investor Service warned about the dangers of private versus public blockchains in new research issued on April 25.

Part of an investigation into the potential impact of blockchain technology on structured finance, the report highlights key differences between current market trends.

Specifically, corporations should be aware of the pluses and minuses involved in using private blockchains, which can run without a decentralized consensus or governance mechanism and thus become open to manipulation.

“New risks with blockchain technology in securitizations may emerge as well as the reinforcement of some already existing ones,” a summary of the research document reads. It continues:
“Risks include counterparty concentration, IT and operational risks, inappropriate blockchain governance and legal and regulatory issues.”
Multiple major global entities have sought to leverage blockchain in one way or another with an eye to hooking specific market sectors.

Those efforts have resulted in forms of blockchain that are far removed from the decentralized structure powering bitcoin (BTC), with some, such as Accenture’s editable blockchain technology, even allowing users to alter the flow of information they contain.

For Moody’s, such features pose inherent risks.

“Private/centralised blockchains are more exposed to fraud risk because system design and administration remains concentrated with one or few parties,” the report summarizes.

Earlier this month, the World Economic Forum nonetheless reported that blockchain interest was high among central banks, with 40 considering the use of phenomena such as digital currencies.

The governments of Afghanistan and Tunisia, meanwhile, told the International Monetary Fund that they want to issue bitcoin-based bonds in future.
gurumaster
Active User
Posts: 159
Joined: Wed May 22, 2019 12:37 pm

Mon Jul 08, 2019 7:05 am

Right-click on the File Explorer window and choose New → Text file. Name the file start_bitcoind.bat. Then right-click on it and choose Open in Notepad (or whatever editor you prefer). Copy and paste the following line into the file.

C:\Program Files\Bitcoin\daemon\bitcoind
News wrote:
Mon Apr 29, 2019 2:08 pm
United States credit rating agency Moody’s Investor Service warned about the dangers of private versus public blockchains in new research issued on April 25.

Part of an investigation into the potential impact of blockchain technology on structured finance, the report highlights key differences between current market trends.

Specifically, corporations should be aware of the pluses and minuses involved in using private blockchains, which can run without a decentralized consensus or governance mechanism and thus become open to manipulation.

“New risks with blockchain technology in securitizations may emerge as well as the reinforcement of some already existing ones,” a summary of the research document reads. It continues:
“Risks include counterparty concentration, IT and operational risks, inappropriate blockchain governance and legal and regulatory issues.”
Multiple major global entities have sought to leverage blockchain in one way or another with an eye to hooking specific market sectors.

Those efforts have resulted in forms of blockchain that are far removed from the decentralized structure powering bitcoin (BTC), with some, such as Accenture’s editable blockchain technology, even allowing users to alter the flow of information they contain.

For Moody’s, such features pose inherent risks.

“Private/centralised blockchains are more exposed to fraud risk because system design and administration remains concentrated with one or few parties,” the report summarizes.

Earlier this month, the World Economic Forum nonetheless reported that blockchain interest was high among central banks, with 40 considering the use of phenomena such as digital currencies.

The governments of Afghanistan and Tunisia, meanwhile, told the International Monetary Fund that they want to issue bitcoin-based bonds in future.
labie
Active User
Posts: 126
Joined: Thu May 23, 2019 5:47 am

Mon Jul 08, 2019 11:41 am

Click the large blue Download Bitcoin Core button to download the Bitcoin Core installer to your desktop.
News wrote:
Mon Apr 29, 2019 2:08 pm
United States credit rating agency Moody’s Investor Service warned about the dangers of private versus public blockchains in new research issued on April 25.

Part of an investigation into the potential impact of blockchain technology on structured finance, the report highlights key differences between current market trends.

Specifically, corporations should be aware of the pluses and minuses involved in using private blockchains, which can run without a decentralized consensus or governance mechanism and thus become open to manipulation.

“New risks with blockchain technology in securitizations may emerge as well as the reinforcement of some already existing ones,” a summary of the research document reads. It continues:
“Risks include counterparty concentration, IT and operational risks, inappropriate blockchain governance and legal and regulatory issues.”
Multiple major global entities have sought to leverage blockchain in one way or another with an eye to hooking specific market sectors.

Those efforts have resulted in forms of blockchain that are far removed from the decentralized structure powering bitcoin (BTC), with some, such as Accenture’s editable blockchain technology, even allowing users to alter the flow of information they contain.

For Moody’s, such features pose inherent risks.

“Private/centralised blockchains are more exposed to fraud risk because system design and administration remains concentrated with one or few parties,” the report summarizes.

Earlier this month, the World Economic Forum nonetheless reported that blockchain interest was high among central banks, with 40 considering the use of phenomena such as digital currencies.

The governments of Afghanistan and Tunisia, meanwhile, told the International Monetary Fund that they want to issue bitcoin-based bonds in future.
wonai
Active User
Posts: 122
Joined: Thu May 23, 2019 5:48 am

Mon Jul 08, 2019 12:02 pm

Bitcoin Core GUI
Press the Windows key (⊞ Win) and start typing “bitcoin”. When the Bitcoin Core icon appears (as shown below), click on it.
News wrote:
Mon Apr 29, 2019 2:08 pm
United States credit rating agency Moody’s Investor Service warned about the dangers of private versus public blockchains in new research issued on April 25.

Part of an investigation into the potential impact of blockchain technology on structured finance, the report highlights key differences between current market trends.

Specifically, corporations should be aware of the pluses and minuses involved in using private blockchains, which can run without a decentralized consensus or governance mechanism and thus become open to manipulation.

“New risks with blockchain technology in securitizations may emerge as well as the reinforcement of some already existing ones,” a summary of the research document reads. It continues:
“Risks include counterparty concentration, IT and operational risks, inappropriate blockchain governance and legal and regulatory issues.”
Multiple major global entities have sought to leverage blockchain in one way or another with an eye to hooking specific market sectors.

Those efforts have resulted in forms of blockchain that are far removed from the decentralized structure powering bitcoin (BTC), with some, such as Accenture’s editable blockchain technology, even allowing users to alter the flow of information they contain.

For Moody’s, such features pose inherent risks.

“Private/centralised blockchains are more exposed to fraud risk because system design and administration remains concentrated with one or few parties,” the report summarizes.

Earlier this month, the World Economic Forum nonetheless reported that blockchain interest was high among central banks, with 40 considering the use of phenomena such as digital currencies.

The governments of Afghanistan and Tunisia, meanwhile, told the International Monetary Fund that they want to issue bitcoin-based bonds in future.
Post Reply
BTC
EOS
ETH
LTC