Publications

Publications
 14 Mar 2018 Priscilla Mifsud Parker
Blockchain and Banking.While some experts believe that implementing blockchain technology in the banking sector has the capacity to solve multiple challenges, it also presents a double-edged sword for banks. While it could potentially save banks billions in cash by dramatically reducing processing costs, in turn making banks more profitable and valuable, it could also mean that technological developments have attracted many new fintech start-ups to the market.
 14 Mar 2018 Priscilla Mifsud Parker
The insurance industry is fortunately positioned to benefit from blockchain technology. Blockchain can act as a deterrent towards low customer satisfaction as it can reduce fraudulent claims, increase manual process efficiency, save time and money and poise an increased resilience. Indeed, this revolutionary technology is the best solution for the multiple challenges, such as fragmented data sources, policies sitting in silo and legacy underwriting models, that the insurance sector faces.
 14 Mar 2018 Priscilla Mifsud Parker
Blockchain offers ample opportunities for the funds industry.The financial services industry has adopted a more complex model and as a result, an increasing amount of parties are now involved in each transaction. Consequentially, this became a detriment to cost and efficiency when processing transactions. Therefore, blockchain technology is poised to heavily simplify the current fund industry model.
 14 Mar 2018 Priscilla Mifsud Parker
As a result of blockchain technology sparking interest and innovation in various industries and sectors, the financial services industry is poised to become the biggest beneficiary yet. Although banks have been amongst the first entities to test and consider blockchain in their processes, stock exchanges were quick to follow suit. Blockchain technology may very well reverse the risky, complex, costly and time-consuming processes stock exchanges are subject to.
 14 Mar 2018 Priscilla Mifsud Parker
Capital markets are important subsets of financial markets, as they produce monetary output in economies globally, through which securities are bought and sold. The Initial Coin Offering (ICO) is a new method of raising capital, where start-ups create new a virtual token and offer it for public sale. It is expected that the number and size of crypto-funds will grow and bring forth the emergence of decentralized protocols of tremendous value to end users and speculators.
 14 Mar 2018 Priscilla Mifsud Parker
Payment structures are based on messages and rely on exchange of files between several counterparts. The general cross-border non-euro payment lifecycle involves several steps and parties to complete payments, delays which can be countered by Blockchain. The distributed ledger makes it possible to connect all involved parties in a financial trade in real time for the faster processing of payment all while maintaining an audit trail, vital in combatting fraudulent measures and security breaches.
 13 Mar 2018 Priscilla Mifsud Parker
Many argue that Blockchain is the biggest invention since the internet. Indeed, this revolutionary technology, apart from being one of the most intriguing innovations currently on the market, is a secure and reliable distributed ledger technology. It is commonly referred to as a ‘digitized trust’ and operates on a peer-to-peer network. It is to be validated without the need for an intermediary and, in turn, this ensures traceability as well as transparency – a relevant solution, due to society’s
 13 Mar 2018 Priscilla Mifsud Parker
Blockchain, or the ‘new internet’ as it is being referred to, is a driving force of change for business across multiple sectors, especially for financial services. As it transforms the financial services industry and is constantly creating opportunities for both new and established players, it has also has the potential to push forward faster, cheaper, safer and more transparent financial transactions.
 02 Mar 2018 Maria Chetcuti Cauchi
This article provides an introduction to the topic of Bitcoin from a legal, regulatory and practical perspective, and offers some thoughts on the treatment of Bitcoin companies in Malta.


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