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/biz/ - Business & Finance

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20323073 No.20323073 [Reply] [Original]

https://www.coindesk.com/world-bank-investigates-smart-contracts-as-financial-tools-with-mixed-results

>> No.20323495

OH NO NO NO

>> No.20323530

>Mixed results

Chainlink is a failure, SELL SELL SELL

>> No.20323550

lol it was a fucking sham all along

>> No.20323572

>>20323073
>with mixed results

it's over

>> No.20323603 [DELETED] 
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20323603

>>20323073
>Mixed results

>> No.20323620

Even World Bank is fudding their own investment

>> No.20323630

On the insurance side, the institution looked at penetration, or the ratio of policy premiums underwritten over a 12-month period against the gross domestic product (GDP) of a given nation.

Imagine not going all in on AKRO

>> No.20323638
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20323638

>The post stated that smart contracts would not help fix many common issues with insurance penetration, but could assist in determining whether a particular insurance product was suitable as well as increasing trust in the product amongst stakeholders.

>> No.20323660
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20323660

>with mixed results
it's over boys

>> No.20323682

They aren't gonna hype big systemic changes and rock the boat.

>> No.20323683

Post the actual article instead without some gay journalist's spin:

https://blogs.worldbank.org/psd/will-smart-contracts-usher-new-wave-financial-inclusion

>> No.20323772

>>20323073
>in poorer nations
LMAO
As if it won’t replace financial institutes in first world nations.

>> No.20323805

>>20323638
did you expect them to bend over immediately? jeebuz its like some of you guys don't have a brain at all

>> No.20323817

Fuck bogs activated FUD

>> No.20323829

Whats with all the doom-mongernig? Have any of you even bothered to read the world bank blogpost that the coindesk article is referring to?

"The report concludes that smart contracts can drive inclusion among consumers and micro, small, and medium-sized enterprises in certain financial services, such as insurance and supply-chain finance. In other areas, such as short-term unsecured credit, the impact would be more limited."

Oh no its all over sell sell sell

>> No.20323835

>>20323683
Kek why did it take 3 authors to write that?

>> No.20323931

>Global business leaders are confident about the utility of smart contracts. In Deloitte’s 2019 Blockchain Survey of over 1,300 global senior executives, 95 percent of the respondents believe smart contracts are an important benefit of blockchain. However, widespread smart contract adoption is conditional on blockchain uptake, and while blockchain optimism is strong, applications are incipient. Although 83 percent of Deloitte’s survey respondents believe a compelling business case exists for blockchain, the share of respondents who have initiated blockchain deployments decreased from 34 percent in 2018 to 23 percent in 2019.

>> No.20323978

>>20323829
fudders trying to fearmonger so they can afford their suicide stack.

>> No.20324043

there will be a use for blockchain. steelhanded chads will reap the profits and swingfags are going to lose over and over again. which are you, anon?