Book — A PhD paper review

Daniel Gusev
Jul 24 · 2 min read

Being a book nerd, processing information written by smart people is now a habit and a mental exercise — seeing a widening backlog of books and papers trains one to go through the best examples and discard the rest:

Ruth Wandhofer’s PhD paper stands out in the former — and is highly recommended since it comes from an reputable professional in the field of regulation technology and transactional banking sphere

Ruth pulled a feat to produce a balanced and 360 degree overview of what blockchain technology can and cannot do for corporate and retail payments and how certain platforms can benefit from utilizing pieces of tech: majoring in philosophy it conveys a value one can bring into the world of tech and also holds an important element often missed in praised speeches about DLT: the legal view.

Being a professional in banking tech that Ruth is, one has to understand the regulation implication since the legal school already researched well the clauses one still need even in a most revolutionary technology column. The book reconciles a variety of tech ways with current and emerging legislation.

Proper design from the very beginning is important: talking not just about how tech is used but how it would impact the cost structure of an incumbent wiling to import new tech: according to Reuters analysis published by Anna Irrera, overwhelming number of DLT projects launched by incumbents did not go past tests and PoC. Testing a tech is one but integrating it into the organization and governance framework is different and can do harm.

BookSpire

Concise Summaries of Inspiring Books read at 36000 feet and below

Daniel Gusev

Written by

10+ years, 2 labs, 1 bank, 2 startups, 1 exit. Digital banker, wishful tinkerer, amateur father. Fintech VC @gauss_vc and co-founder of @finfitapp.

BookSpire

BookSpire

Concise Summaries of Inspiring Books read at 36000 feet and below

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