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Journal Article
Guest editorial
2018
Overview
The authors identify three regimes over the lifespan of the Bitcoin economy: the \"proof-of-concept\" stage, dominated by small test transactions and mining with limited economic activities; the second \"sin\" stage, consisting mainly of \"sin\" enterprise (i.e. gambling service and black market); and the third \"maturation\" stage, controlled by legitimate merchants and a proliferation of exchange activity. The article \"An innovative RegTech approach to financial risk monitoring and supervisory reporting\" tries to understand the use of smart contracts as a tool to improve monitoring and supervision in financial markets. Because of little interest and limited technical capability to share their internally generated risk data, financial institutions lack interoperable risk data, and this situation aggravates the rising levels of systemic risk. [...]the article \"Case Study of Lykke Exchange: architecture and outlook\" goes further by exploring how exchanges will evolve over time thanks to the use of blockchain.
Publisher
Emerald Group Publishing Limited
