A cell phone showing the facebook app UI, in which the term Project Libra is searched for

Opinion: Libra – Facebook’s Attempt to Establish a World Currency

Introduction

Photo of Mark Caruso, Senior Project Manager at trimplement
Mark Caruso, Senior Project Manager at trimplement, gives and outlook on  Facebook’s Libra currency.

Since project Libra was revealed by Facebook two weeks ago, it sparked controversial discussions around its potential as an international currency, its presumed economic impact, and its technical implementation. In this article I will try to shed some light on the technical and the economic sides of the project, to see whether Libra has the required momentum to become Facebook ́s next-generation revenue booster and a meaningful (and powerful) currency for the masses. 

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CoreExchange Feature Checklist

As a vendor of licensable fintech software products, we are often asked about our competitors and our USPs. Our customers want to know, what makes our products comparable and where we make a difference and have a special edge. In this article, I would like to elaborate on the feature set of our white label cryptocurrency trading platform CoreExchange and compare it to a couple of other well-known and popular exchanges.

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A set of coins, jammed into a wedge, symbolizing stablecoins

Opinion: Stablecoins – Next Generation (E)Money

Photo of Mark Caruso, Senior Project Manager at trimplement
Mark Caruso gives his opinion on
what role stablecoins will
play in the emoney sphere.  

Definition: “Stablecoins are cryptocurrencies designed to minimize the volatility of the price of the stablecoin, relative to some “stable” asset or basket of assets. A stablecoin can be pegged to a currency, or to exchange traded commodities (such as precious metals or industrial metals). Stablecoins backed by currencies or commodities directly are said to be centralized, whereas those leveraging other cryptocurrencies are referred to as decentralized” – Wikipedia

Stablecoins by their nature aren’t necessarily a new invention to the financial world. Their basic characteristics have already been described in the first Electronic Money Directive (2000):

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Fintech 2018, a look back, written next to a sparkler

Our 2018 Fintech Review – A Look Back

The new year 2019 is still young, but the old year’s legacy can still be felt. So a fintech end-of-year review is in order, as 2018 had many opportunities to make an impact.

365 days, to be exact, during which the fintech industry came up with unforeseen novelties and thrilling developments: The online payment, cryptocurrency, and digital finance sectors presented themselves as versatile and volatile. There is much to look at in our fintech retrospective, from the cryptocurrency decline to the new challenges and changes in mobile payment.

So let’s approach this giant of a year from different angles. We asked the three trimplement co-founders, what kept them occupied in 2018 in different areas of fintech.

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Steve Wozniak and Nuno Sebastiao talking on-stage during the Money20/20 Europe 2018 Conference

Our Experiences at Money20/20 Europe 2018

Going to the circus — hard to imagine a more vintage pastime these days.

The digital infotainment industry compels our attention easily, where daring trapezists or wisecracking Augustes would struggle.

The organizers of Money20/20 Europe 2018 didn’t shy away from the contrast. Proclaiming the Greatest Fintech Show on Earth, they paired digital finance with fin-de-ciècle circus arts.

From 4th to 6th June, international fintech and banking companies rolled up in Amsterdam, the new partner city of Money20/20 EU. Among them: A small delegation of invaders from planet trimplement

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