On March 11, 2011 at 05:46 UTC, Japan was hit with a Magnitude 9.0 Mega-Quake (the fourth largest earthquake ever recorded) . To put the size of this quake in perspective, it was 8,000 times more powerful than the one which devastated Christchurch (New Zealand) in February 2011, and around…
In this article, we speak to Jeremy Smith, Chief Strategy Officer at SecondMarket, where over 3,000 participants manage over $1 trillion, participating in the world’s largest centralized, independent marketplace and auction platform for illiquid assets from auction rate securities to private company shares, CDO’s, mortgage and asset backed securities. http://thoughteconomics.blogspot.com/2009/07/investing-and-trading-illiquid-assets.html
In 2008, during the turbulence of a global financial crisis, a person (or group) called Satoshi Nakamoto released a white-paper called Bitcoin: A Peer-to-Peer Electronic Cash System. The principle was simple but revolutionary- a technique to record digital transactions in a way that was public, permanent and verifiable without requiring a third party for trust. It is this principle that became more commonly known as Blockchain (or distributed ledger). Today, just 13 years later, the cryptocurrency market is valued at a staggering $1.6 trillion (around 2% of the entire global economy) and blockchain based companies are raising some of the largest rounds of funding in technology. To understand more about Blockchain and Cryptocurrencies I spoke to Nobel Prize Winning Economist, Professor Eric Maskin and a global expert on blockchain and cryptocurrency, Michel Rauchs.