Webinar Review on Blockchain Bond

Title: Webinar on Blockchain Bond
Organiser: The World Bank
Presenters: Coskun Cangoz, Andrea Dore, Paul Snaith & Markus Stix
Date: December 3, 2018
Link: https://www.youtube.com/watch?v=lqYAcDTTAU0
Published By: World Bank Treasury

Introduction

Since the advent of Blockchain technology like a decade ago, there have been arguments on how the technology will disrupt the way things are done in the financial market. To make trading seamless, Blockchain technology possesses capacities to ensure that the asset management aspect of trading which currently is manual and prone to errors are effectively transformed (Marutitech, 2019). In changing the face of trading in stock market, Blockchain technology will achieve automation of post-trade events; provide mechanism for fairness and transparency; ensure higher liquidity, lower transaction costs and provide mechanism for containment of risk (Som, 2018).

Continue reading “Webinar Review on Blockchain Bond”

Critical Review (2) on White Paper

White Paper: Banking in the Connected World – CRAFTING THE BANK OF THE FUTURE
Author: Oracle Corporation
Year: December, 2017

Introduction

Even though there is no word called “Banking” before 1640, there has been act of banking in the form of safe-keeping (Smriti, 2019). The world would have been difficult to live without banks and its credit facilities (Andrew, 2018). The world of traditional banking is dated back to 1960 at which time comprises of London clearing banks, the Scottish and Northern Irish banks and the London discount market (Grady & Weale, 1986). ProQuest (2005) termed the evolutional changes that should happen and happen fast in retail banking as “cultural transformation and paradigm shift”.

Continue reading “Critical Review (2) on White Paper”

Critical Review (1) on White Paper

White Paper: Exploring Blockchain: Opportunities and Implications for Financial Institutions
Author: Fiserv, Inc
Year: November, 2018

Introduction

In recent years, Blockchain has revolutionized business transactions among trading partners especially in investment, banking and financial services. Blockchain is “the record-keeping technology behind bitcoin” (Luke, 2019). Blockchain used in banking and financial services with or without bitcoin, is described as a decentralized ledger of a set of transaction with benefits embedded in these two key features – distributed and immutable (Justin, 2018). Blockchain is unarguably recognized as an ingenious initiatives from Satoshi Nakamoto (Blockgeeks, 2018), created in the year 2008 (The Economist, 2015).

Continue reading “Critical Review (1) on White Paper”

Critique (2) on Theoretical Paper

Author: Weiyong Zhang & Xiaobo Xu
Title of article: Six Sigma and Information Systems Project Management: A Revised Theoretical Model
Publication Project Management Journal (2008), Vol. 39, No. 3, 59–74

Summary: The paper focuses on how Six Sigma best practices can be fused into IS project management and can result into quality and success of IS projects i.e. how Six Sigma can impact IS projects positively.

Continue reading “Critique (2) on Theoretical Paper”

Critique (1) on Theoretical Paper

Author: Mia Kaspersen & Thomas Riise Johansen
Title of article: Changing Social and Environmental Reporting Systems
Publication: Journal of Business Ethics (2016) 135:731–749

Summary: The paper talks about Social and Environment Reporting (SER) systems with respect to how changes are auditable (who requested for change, what was changed, who made the change, who approved the change and the analysis of the impact of the change on outcomes) and the challenges or issues brought about by the change. The system adopts financial accounting standards, principles and practices to make achieving an auditable information system called SER system possible. The paper highlighted the below as challenges arising from the change:

Continue reading “Critique (1) on Theoretical Paper”