Cryptography started as a means to secure communication across time and distance. Scrambling letters using a pattern or according to a predetermined value (for instance A becomes C, B becomes D, C becomes E and so on) prevented messengers or other parties delivering the message from being able to decipher the content. Securing communications against unintended recipients has been an ongoing ambition since humans first started communicating.
Read MoreFintech is widely seen as a disruptive force in the financial services industry. But as billion-dollar companies in the fintech space look to scale and expand their operations to robustly regulated and secure jurisdictions such as the Cayman Islands, Brandon Caruana explains why the future looks bright for Cayman as an “Innovation Island” and the evolving role of technology in financial services.
Read MoreMajor structural movements in technology, demographics, and geopolitical intervention has created a constantly changing competitive environment. Infrequent waterfall decision processes must become dynamic, malleable sprint cycles that deliver incremental value. Competing in a future of unknown unknowns will require a change in mindset, empowering nimble teams, and embracing calculated risks.
Read MoreThe Cayman Islands has always subscribed to uphold and maintain international best practices and the recent enactment of the Economic Substance law further strengthens that commitment. High-risk intellectual property structures now face considerable thresholds to show their native roots and local counsel should be approached to determine the legal ramifications and full operational impact.
Read MoreThe future of blockchain was bright. This emerging technology was going to transform the way businesses and consumers interacted with each other and make incumbent businesses obsolete by a blockchain version of themselves. Many bubbles later and years into the supposed revolution, one might ask: Are we there yet?
Read MoreIn 2008, a technological solution to facilitate trustless, secure and immutable transfers of legal ownership over the internet came together in a short whitepaper called “Bitcoin: A Peer-to-Peer Electronic Cash System”. It is speculated that this new technology has the potential to disrupt many of our current economic models and I encourage everyone to be well informed on the impact this will have to our collective community.
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