GovCon Wire – “The problem for Army’s leaders and commanders at every level is you’re trying to make decisions off of accurate data but the data is stored in so many places, it’s often very hard to figure out what’s going on,” said Doug Philippone, lead of global defense at Palantir. “What we did was integrate thousands and thousands of different data tables together so that you can make better decisions.”
Bhushan Akolkar – “The patent filing explains an automatic email system that can send Bitcoins from the sender to the receiver’s wallet linked to their email addresses.”
Suman Bhattacharyya – Bank Innovation “Traditional investors will more seamlessly be able to allocate capital in their portfolio to digital assets through trusted and regulated financial institutions — helping us build a better bridge the future of money,” said Winklevoss, in a statement.“
Phil Mackintosh “There is an entire industry dedicated to collecting and computing trading costs. The data overwhelmingly show that transaction costs are falling, and that U.S. costs are the lowest in the world.”
Article originally seen by BizTT editor on Tabb
Thomas Chippas ErisX – “Miners, similar to traditional hedgers, are foundational elements of a well-functioning capital, commodity and commercial market. The act of mining is performed by high-powered computers that solve mathematical puzzles to produce digital assets such as bitcoin or Ether. Miners are rewarded with the respected coin and are similar to traditional hedgers in that they are looking to offset the market risk of their production related to price volatility and offsetting counterparties. This is a nearly identical use case to a traditional physical commodities producer that uses futures contracts to lock a price at the present for the future sale of the commodity. The producer foregoes the potential upside if the commodity increases in price beyond the settlement price of the futures contract but is also protected on the downside if the price falls.“
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Larry Tabb – It is certainly not a good idea to only route orders to markets that pay the highest rebate or charge the lowest fee, but this is difficult to regulate. Firms are generally governed by best-execution policy, which in the US focuses on obtaining a price for the client order that is at, or better than, the best bid or offer in the market.