Recent posts

Blockchain public voting is fully debunked

We shouldn’t even have to talk about blockchain public voting, because blockchains were specifically designed to bypass authorities (“trusted third parties are security holes“), whereas public elections are specifically managed and controlled by public authorities. It should be obvious to anyone with a brain that “blockchain public voting” is an oxymoron, at least given our […]

More proof that “blockchain” doesn’t exist

“Blockchain” doesn’t exist because it cannot be defined. Ask 10 people and you will get 10 different definitions. It’s a lot of fun, try it with people around you. It shows that it’s often wishful thinking: people call “blockchain” what they want it to be. Some examples: Definition Source Seb’s PoV A blockchain is a […]

The truth about blockchains and cybersecurity

The idea that blockchains or distributed ledgers may bring benefits in terms of cybersecurity is a widespread myth. Even the US Department of Defense fell for this myth in a recent report “DoD Digital Modernization Strategy” with plans to build a “Block Chain Cybersecurity Shield” allowing to “transmit secure messages” and “develop unhackable code”. It […]

The differences between “blockchain” and “software”

During a recent training about innovation in Finance that I was delivering, I decided to do a whiteboard exercise and list the differences between “a blockchain” and a conventional “software” with the help of the participants, in order to teach them how to distinguish the real from the fake news. The first thing we agreed […]

12 (safe) Fintech predictions for 2020

This year I decided to only make safe 2020 predictions, because who doesn’t like to be proven right? I want to be able to brag about my successes in one year. 1/ Firms, the usual suspects (IBM, SAP, MS, the big four, McK, FB, etc.) and startups alike, will continue to mislead the public by […]

When blockchain? The answer after 4 years

Since August 2016 I collected many decisions trees “when to use blockchain” in this popular article. It’s been 3 years and a half. We now know what model works best. It’s simple, powerful and accurate: Look, it’s been 4 years and nobody found a convincing use case beyond cryptocurrencies. We can stop pretending. And no […]