Glenbrook’s Neel Saunshi and Yvette Bohanan return to explain the Proof of Work consensus algorithm. Listen in as they discuss what it is, how it works, and the environmental impact from the associated energy consumption. ㅤ ㅤ
Bitcoin’s reliability and transaction-level security has inspired today’s explosion of blockchain pilots, companies, and consortia. But the bitcoin rails already have solid commercial applications. Circle Internet Finance has focused on person to person payments. Align Commerce has focused on international B2B payments for smaller businesses. With growth, both have blended bitcoin rails with more traditional […]
The world of moving money is changing. And faster is the theme. Domestic real time payment systems are showing up across the planet. Today’s discussion is full of bitcoin, open and permissioned blockchain approaches to speed asset exchange. But the competitive balance between proprietary and open systems is in flux. The view that moving money is […]
Blockchain. Is it the most revolutionary technology in value exchange ever or just the latest fintech buzzword enjoying its peak on the hype cycle? Or both? These young techniques are undergoing swift evolution, going from bitcoin and money transfer into new use cases such as identity management. There’s still truth in the cartoon’s joke that, […]
The Internet’s designers quickly realized that no one’s very good at remembering IP address numbers. Unless you type the same number over and over again (and I did when I ran an ISP) a human readable version is a lot easier. That’s what the domain name system or DNS is all about, connecting human readable […]
Paying invoices and moving funds aross borders for small and medium business (SMB) is expensive and full of uncertainties. How much does the recipient actually get once the transaction is finished? (Hint: it’s not always what was sent.) How long does it take a San Francisco firm to pay an invoice to a contractor in Berlin […]
In this interview with Glenbrook’s founding partner Carol Coye Benson, we discuss the prospects for a faster payments system in the US. Responding to the October 22 announcement by The Clearing House, Carol expresses her caution and hope for ways to accelerate replacement of today’s system for credit push payments.
Welcome to Glenbrook’s Payments on Fire podcast! This conversation between Glenbrook’s founding partner Scott Loftesness, Terence Spies, CTO of Voltage Security, and Glenbrook’s George Peabody is about virtual currencies. It’s a discussion about Bitcoin, other math-based currencies and approaches like Ethereum, Nxt, and more. We’re calling Glenbrook’s podcast series Payments on Fire because, well, payments […]