The new era of payments isn’t all about you tapping your iPhone at Marks & Sparks. It’s about your stuff paying other stuff, and it’s an incredible opportunity for the payments industry to expand and deliver.
Bitcoin and blockchains could usher in an era of real-time financial auditing, making the regulator’s job much faster, easier and cheaper, and thereby reducing regulation and compliance-driven overhead for firms.
This is the first time the forecast estimate has dropped below 0.6 BTC per Thps. I’d been hoping that the mining difficulty would stabilise, but it appears the the slight increase in network hashrate is not just due to variance.
UK understands FinTech. These announcements are a clear sign that the government is not just paying lip service when it says it wants the UK to be the best place in the world to do business in this sector.