Can Blockchain Build a Better Bank? Experts Weigh In—The Ledger

Can blockchain build a better bank? That was the subject of a roundtable discussion I attended (and co-programmed) at Fortune’s inaugural Brainstorm Finance conference last month. The conversation, moderated over lunch by my colleague Jeff Roberts, was a wide-ranging one. It covered the evolution of decentralized technologies, the path forward with respect to regulation, and […]

The State of Cryptocurrency Media, According to Laura Shin

In the latest episode of “Balancing the Ledger,” the Fortune team turns the tables on Laura Shin, known in the cryptocurrency world for her own probing podcast interviews, for a critical discussion about media coverage of the crypto industry. One problem, Shin highlighted, is that cryptocurrency-focused media outlets are more prone to “pay to play” […]

Fintech Trends for 2020— Facebook Project Libra, Amazon, and Millennials: The Ledger

Now that we’ve had a little more than a week to decompress from our time in Montauk for Brainstorm Finance, we’ve been reflecting on everything we learned and culling the key trends that emerged from our discussions with top executives. That’s why, in lieu of a guest on this week’s “Balancing the Ledger,” the three […]

Disrupting the Dollar, Gold vs Bitcoin, Marvelous Montauk —The Ledger

On the shores of foggy Montauk, tech and finance executives gathered last week at Fortune’s Brainstorm Finance to talk about big ideas. Notably, they explored how the ethos of Silicon Valley is seeping into Wall Street, and asked whether big banks will be displaced–or if the old guard of the financial world will simply appropriate […]

$11,000 and Climbing: Bitcoin Is Experiencing a ‘Fairly Extraordinary’ Bounce-Back

Bitcoin traded above $11,000 for the first time in 15 months, recouping more than half of the parabolic increase that captured the attention of mainstream investors before the cryptocurrency bubble burst last year. “The bounce-back of Bitcoin has been fairly extraordinary,” said George McDonaugh, chief executive and co-founder of London-based blockchain and cryptocurrency investment firm […]

What’s Next in Blockchain? Ask This Teenage Engineer

A 17-year-old, brain-computer interface developer is challenging people to rethink the possibilities of blockchain by creating her own encrypted interface where people can share genetic data. Ananya Chadha–the youngest interviewee at Fortune‘s inaugural Brainstorm Finance conference in Montauk, N.Y.–told Fortune Editor-at-Large Shawn Tully that “blockchain is so powerful for things that most people forget about.” […]

Ripple CEO: Facebook Libra Cryptocurrency Push Makes Me Happy

Ripple CEO Brad Garlinghouse is adamant that Facebook’s unveiling of its Libra cryptocurrency will lead to big business for his banking software and cryptocurrency startup. “This is going to be a record week for Ripple,” Garlinghouse gushed Thursday during Fortune’s Brainstorm Finance conference in Montauk, N.Y. Garlinghouse said it was a “fact” that Facebook’s Libra […]

Facebook Announces Project Libra, Its Wildly Ambitious Plan to Bring Cryptocurrency to the Masses

Facebook revealed its long-awaited cryptocurrency plans Tuesday, announcing “Project Libra,” a new type of digital money designed for the billions of people using its apps and social network. If the plan is successful, users will soon be able to shop with and send the currency–known as Libra–on Messenger and Instagram, as well as use it […]