Are The New Money Changers in the White House?

OWNx Team Blog, Money & Financial Technology

The new director of the Office of Management and Budget, Mick Mulvaney, supports blockchain technology. Mark Calabria, chief economist to Vice President Mike Pence has expressed his support for alternative currencies, stating, “While I’m an economist, not a tech guy, I’m very excited about Bitcoin, as I am about alternative …

The Future of Money, FinTech, Gold and Silver

OWNx Team Blog, Global Finance and Economics, Money & Financial Technology, News & Current Events 0 Comments

We live in very interesting times to say the least. Financial innovation using new technology has been percolating for years. The advent and rising popularity of Bitcoin, and more importantly its underlying blockchain technology, has thrust the question of our world’s financial future into the spotlight. Between 2014 and mid-2016 an …

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Brick and Mortar Banks, Gold, and the FinTech Revolution

OWNx Team Blog, Global Finance and Economics, Gold & Silver Market, Money & Financial Technology, News & Current Events 0 Comments

One of the more visible signs that FinTech is real and growing is the trend toward smaller, more technology focused branch banks. Bank of America recently accounted that it has opened three branches in the United States with zero workers. Bank of America Opens Branches Without Workers This is the …

National Currencies Looking to Blockchain Technology?

OWNx Team Blog, Global Finance and Economics, Money & Financial Technology, News & Current Events 0 Comments

For those following trends in global currencies, one has emerged that has significant long term implications. That is the move toward purely digital currencies. This trend has gained momentum over the last several months. India seems to be leading the way. One of the questions that obviously must be answered is …