Six years ago, Malcolm Alder was a senior member of the KPMG-McKinsey team that wrote the original NBN Implementation Study. Cloud was mentioned only three times. Big data, IOT, blockchain and the sharing economy not at all. Here he visits the use cases with a contemporary perspective. With the recent

Who would have thought the world could go nuts about a global distributed ledger protocol called blockchain? Sure, by eliminating the evils of sovereign fiat currency and exploitative transaction fees, we might create a secure and efficient unified global economy that levels the playing field and greases the wheels of

The bitcoin gang wins. But not the way it expected. Blockchain, the technology underpinning the world’s favorite digital currency is rapidly going mainstream with the potential to deliver a huge wave of financial services disruption. Block chain is a distributed public ledger designed to securely record any information and the ownership of

Blockchain technology is tagged as a major threat to the banking industry in Deloitte’s annual outlook for the sector. The report shifts focus from near-term trends, risk management and regulation, to the growing multitude of disruptive forces besieging the sector, especially blockchain. “Banking reimagined: How disruptive forces will radically transform the industry in

The evolution of disruptive technologies is testing the boundaries of global markets and regulation, so understanding how they work is critical. Digital disruption is capturing the attention of everyone with an interest in the finance industry. Regulators globally are facing new challenges, which essentially come down to: how do we

The blockchain will level the playing field. Blockchain is a distributed public ledger that allows individuals who don’t know and trust each other to transfer value. At present the public perception of the blockchain is associated with digital currencies. Miners in the Bitcoin network (a digital currency) secure the distributed ledger and