ValueWeb · How fintech firms are using bitcoin blockchain and mobile technologies to create the Internet by Skinner, Chris -- Read -- Imperial Library of Trantor

Index

Cover Title Copyright Contents Introduction 1. Welcome to the ValueWeb

The way value is shared on the ValueWeb The ValueWeb and biometric blockchain authentication The origins of money is part of our DNA

2. The Valueweb Builder Part One: A Mobile Networked Planet

Exchanging value from anywhere, anytime, anyplace Generational gaps Mobile makes invisible banking visible (again) Mobile is the authentication tool As mobile came alive, PayPal almost died Wallet wars haven’t really started yet ... Is Apple Pay the wallet to rule them all? Have banks made a fatal mistake? Will bank developments in China lead to a global mobile banking revolution? When everyone on the planet has a mobile, things change Africa shows the way to the future Are banks failing to grasp the mobile opportunity?

3. The Valueweb Builder Part Two: Cryptocurrencies

Digital currencies—a hot topic of debate What is this thing called bitcoin? The Mt. Gox meltdown Crime-as-a-service with bitcoin Regulating cryptocurrencies Why Bitcoin needs a Foundation Why value stores need regulations What can you buy with a bitcoin? What will make bitcoin succeed? An $81 million transaction that cost just 4 cents to process

4. The Valueweb: Fuelled by Fintech

Why would VCs invest so much in FinTech? As robo-advisors take over The FinTech march into investment banking The reports of my bank’s death are greatly exaggerated Is FinTech so special? The special relationship What FinTech means for banks What do narrow banks mean for wide banks? When paying is free, what then? If services are free, how do we make money? How will banks differentiate in the future? Customer engagement in a digital world

5. The Impact of the Valueweb on Existing Financial Institutions

Major parts of banking are stuck in the last century The friction of the old versus new models of finance Old banks need to reconstruct themselves The back office in the cloud The middle office, open-sourced bank The front office, customer-focused bank The component-based bank When we have component-based banking, what happens to the regulator? Banks as Value Systems Integrators Moving from banks as money stores to value stores Data personalisation strikes at the heart of bank disruption

6. Reinventing Value Exchange with the Blockchain

The importance of cryptocurrencies and the blockchain to banks The Uber of the ValueWeb is the blockchain Digital identities demand a digital infrastructure Will the blockchain replace SWIFT? What does the ValueWeb mean for bank branches? Will this lead to a digital divide? The role of the bank branch in the digital age

7. The Digital Bank for the ValueWeb

8. What Comes After The ValueWeb?

The Internet of Life

Case Studies

The bitcoin debate

The FinTech start-ups

The bank start-ups

Mark Mullen, CEO of Atom Bank (Europe) Anne Boden, CEO of Starling Bank (Europe) René Frijters, Founder and CEO of Knab Bank (Europe) Craig Donaldson, CEO of Metro Bank (Europe) Roberto Ferrari, General Manager of CheBanca! (Europe) Matthias Kröner, CEO of Fidor Bank (Europe) Guilherme (Guga) Stocco, CEO of Banco Original

The philanthropist

Appendix: The Largest Fintech Unicorns About the Author