XBRL News about expansion

Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1  SEC approves new rules that expand electronic filing requirements On June 2, 2022, the U.S. Securities and Exchange Commission adopted rule and form amendments (the “Amendments”) that mandate the electronic filing […]

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Auto Insurance Ecosystems – The Claims View Part 1

As cars get smarter, the volume and granularity of real-time data generated is on the rise. With connected cars set to grow further, newer opportunities for digital innovation are springing up across the auto insurance value chain, bolstered by growing ecosystems. While consumers gain in increased convenience, AI-enabled connected platforms deliver cost savings and multiple […]

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Stablecoin News for the week ending Wednesday 8th June.

Here is our pick of the 3 most important Stablecoin news stories during the week. How do we handle failure? Some interesting developments in the regulatory sphere this week that are more accommodating of innovation.  The big problem of innovation is that we love what we get when it works, however it is by necessity a […]

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The Metaverse can’t live without NFTs

Last Friday, I visited Blender Gallery in Athens for an exhibition by Philip Tsiaras. When speaking gallery’s curator I was pleasantly surprised to find out that they had created NFTs of the artist’s artwork, making them available on their curated marketplace called “Blenderverse.” It’s no secret that NFTs changed the art game. Although non-fungible tokens […]

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Alt Lending Week ending 3rd. June 2022

Gullibility in untrained and poorly regulated financial markets The Times chronicles how investors are so easily fooled by plausible crooks with a business card and a suit. For Investors, some of whom are supposed to be professionals read lenders. The basis of this is that three fund managers working for a German Insurance company fooled […]

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XBRL News from XII, FASB and SEC

Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1  Revisions to Calculations 1.1 ensure global utility The XBRL Standards Board has approved a second Candidate Recommendation of the Calculations 1.1 specification, with improvements to ensure full international applicability. The Calculations specification […]

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Data-Driven Insurance for Energy Systems

The energy industry is changing. A U.S. Energy Information Administration report found that solar and wind accounted for most new electricity capacity. With diminishing costs and increased demand, the solar and wind sectors are the future of energy. In the US, investment in renewable energy is expected to hit $1 trillion by 2023, up from […]

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Stablecoin News for the week ending Wednesday 1st June.

Here is our pick of the 3 most important Stablecoin news stories during the week. Now what!?? As the dust settles on the cataclysmic collapse of the Terra (UST) ecosystem, an on-chain deep-dive carried out by blockchain analytics firm Nansen highlights two major takeaways. Only a few (7 wallets) along with deep knowledge (maybe inside) of […]

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Part 5. Bottom up innovation protected by top down legislation

Disruptive innovation such as Bitcoin is usually bottom up, with initial traction from people who are not concerned with legality. However for Bitcoin to become mainstream it does require some top down legislation; most people are concerned with legality. El Salvador and other jurisdictions making Bitcoin legal tender are giving the people some legal certainty. […]

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