The events unfolding this week in the FTX/ALAMEDA case demonstrate the need for regulation that is appropriate to these markets, commensurate with the risks and that encourages innovation.
In the 1980s and ’90s, Kodak and Fujifilm battled for supremacy in the point-and-shoot camera film market. But both companies saw the writing on the wall — digital cameras were going to change the way the world snapped photos.
The question is no longer whether blockchain will disrupt the tax system, but how far, how fast and how to ensure your business is up to speed. Putting the hype aside, what does blockchain really mean for tax compliance and management within your business? What are the main risks and opportunities? How can you begin preparing for the shake-up ahead?
Whether it’s robotics, artificial intelligence or the cloud, advances in technology present a golden opportunity for the finance function. But what’s the best way to maximise potential gains: an enterprise-wide solution, or a more targeted approach?
A rise in business optimism means more organisations are on the lookout for talent, but with demand outstripping supply, where does it leave small and medium-sized enterprises (SMEs)?
Distributed ledgers have grown beyond their cryptocurrency roots and the once-emerging technology is at last ready for your business to put it to work right now.
"Blockchain is not the solution to everything," warns Wayne Pisani, head of financial services at Grant Thornton Malta. "Rather, it is typically part of a solution to a situation you might already have and are using multiple processes which you want to simplify."
Blockchain – the technology behind the bitcoin digital currency – has gone from being a potential pipedream for the future of financial services to a legitimate application for businesses worldwide.
How has blockchain been put into practice as part of live, commercial business solutions? "[Blockchain] spells the death of the invoice," proclaims Lee Pruitt, co-founder and CEO of spend-control-as-a-service provider InstaSupply.
The General Data Protection Regulation (GDPR) is the European Union’s (EU) new data protection law that comes into effect on 25 May 2018.