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The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt


Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with...

IRS Revoking Passports Shows How Government Erodes Everything We Hold Dear


If you have outstanding tax debt, the IRS may now want to take your passport. For U.S. crypto holders still waiting on promised IRS guidelines for filing — especially those overseas who may have missed these warning memos — the over 400,000 agency notifications issued since February...

The Modern Era of Free Range Slaves: How Bitcoin Breaks the Mold


In a string of recent Tweets, 2020 Libertarian presidential candidate and fugitive from the law John McAfee has been talking about slavery. Urging people to “wake up” and assuring them that neither compliance with the status quo, nor stacks of riches, can set them free. Indeed, when...

Liquidity Difficulties in China: Second Bank Bail-Out Now Reality


Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months. Observers believe the expanding problem has the potential to trigger...

Bloomberg Terminal To Soon List Cadence, A Debt Instrument Based On Ethereum


As per the latest reports surfacing in the blockchain industry, Bloomberg Terminal has decided to list Cadence on its platform. Cadence is a debt instrument which is based on the blockchain of Ethereum. Bloomberg Terminal, on the other hand, is a market-leading computer software system that allows...

Powers of Two


Refactoring is one of those words that evokes fear in the eyes of many folks, from developers to product owners and everyone in between. It may as well be a four-letter word in many ways. It's also something that we talk about quite a bit around here because, like books on the topic, where to start...

Technical Debt is Like Tetris


Here’s a wonderful post by Eric Higgins all about refactoring and technical debt. He compares giant refactoring projects to being similar to Tetris: Similar to running a business, Tetris gets harder the longer you play. Pieces move faster and it becomes harder to keep up. Similar to running...

What is design debt and how does it occur?


Today, I want to talk about design debt. We often hear about technical debt and not so much about design debt. They are in fact different from one another... The post What is design debt and how does it occur? appeared first on Onextrapixel

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