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Boston Consulting Group compares DeFi, blockchain finance to current banking
Today Boston Consulting Group’s (BCG) digital division Platinion published a report on Decentralized Finance or DeFi in conjunction with Crypto.com, the cryptocurrency exchange. DeFi applications include payments, trading exchanges and lending, which operate in a permissionless environment. That means that only some onramps to convert fiat to cryptocurrencies are governed by anti money laundering rules...
7 months ago
Boston Consulting, De Beers sued over blockchain patent
In May 2018, De Beers unveiled its TRACR blockchain diamond tracking solution developed in conjunction with BCG Digital Ventures, part of Boston Consulting Group (BCG). A former BCG employee Max Rady has filed a legal complaint in the New York courts against both firms alleging patent infringement, misappropriation of trade secrets and other claims. The litigation relates to the...
a year ago
ICE, Microsoft, BCG invest in $300m Bakkt Series B for rewards pivot
Today Bakkt, the offshoot of New York Stock Exchange owner ICE, announced it completed a $300 million Series B round. This follows a $182.5 million Series A at the end of 2018. The latest investors include Intercontinental Exchange, Microsoft’s M12, PayU, Boston Consulting Group, Goldfinch Partners, CMT Digital and Pantera Capital. To date, Bakkt is...
a year ago