
I’m writing this article for an ex-colleague of mine, who is “sold on the potential of blockchain” but “always struggled understanding real use cases for crypto-currencies”. He is an exceptionally smart and qualified actuary, the Head of Digital at a large financial institution in South Africa, and had many successes…

An inordinate amount of money has flowed into blockchain startups via their token sales (ICOs) in the last year or so, way beyond what makes business sense. The vast sums of money raised via ICOs compared to venture capital funding, along with the speculative activity in cryptocurrencies, has certainly caught…