by Marvin Loh (Author), Richard Thompson (Author), Sarah Swammy (Author)
Crypto currency integrated BlockChain under Virtual Scalable Enterprises is a widely debated and earnestly discussed topic in the technology arena. Executives at the largest institutions are calling crypto currency fraudulent while high level institutional banking professionals are leaving high level positions and jumping into them. The narratives on these topics are diametrically opposite and polarizing on both side of the debate. While this debate has many layers from a government regulatory side to social impact to the practicality of everyday use of crypto currencies in developing markets, it is safe to assume that crypto currencies or utility tokens are more than a global phenomenon. And now are becoming a working framework for optional modes of business.
This book demystifies what crypto currency is, how it is used, and what it means to the consumer, investor and the future of our global currency marketplace. By providing the historical backdrop to the market, authors Sarah Swammy and Richard Thompson provide a clear definition of what crypto-currencies actually are, how they are being used and by whom, and the unique reasons why they have gone from back street to Main Street almost overnight. The book will also delve into the government's role in regulating this commerce medium. Lastly, the authors will look at the current global monetary policy and discuss if this type of currency phenomena was a direct result while also examining the potential risk and rewards for investors and the economy.
Format: Hardcover
Pages: 181
Edition: 1st ed. 2018
Publisher: Palgrave Macmillan
Published: 08 Feb 2019
ISBN 10: 3030001342
ISBN 13: 9783030001346
Sarah Swammy is a Senior Vice President and Chief Operating Officer for the Portfolio Solutions businesses in both State Street Global Market, LLC , a registered broker-dealer subsidiary of State Street Bank and Trust and in State Street Bank and Trust. She is also a member of the Global Markets Business Risk Committee. Sarah joined State Street from BNY Mellon whereshe held several leadership positions including Business Manager and Head of Supervision for BNY Mellon Capital Markets, LLC ,Chief Administrative Officer for BNY Mellon Global Markets and principal overseeing the sales and trading businesses. Sarah has held compliance positions atDeutsche Bank Securities, Inc., CSFB and Barclays Capital, Inc. Sarah serves as a member of New York Institute of Technology Advisory Board in the School of Management. She is a former member of the Touro College of Education's Graduate Advisory Board and a former member of the Executive Steering Committee for BNY Mellon's Women's Initiative Network.Sarah holds a BS in Business Administration and an MS in Human Resources Management and Labor Relations from New York Institute of Technology, an MA in Business Education from New York University, and a Ph.D. in Information Studies from C.W. Post. Sarah is also the executive editor and contributing author of The Capital Markets: evolution of the financial ecosystem, published by Wiley Financial Series 2017and an adjunct instructor at New York University School of Professional Services.
Richard Thompson is the Chief Executive Officer at Digital AIR Technologies and Analytics, which he founded with the vision of marrying the immense power and scalability of modern cloud architecture with cutting-edge institutional business software to overcome technological challenges faced by enterprises today. With more than 20 years of experience directing the development of world-class institutional financial systems and pioneering the next generation of cloud technology, Richard is widely acknowledged as one of the foremost IT architects and technologist in the financial industry. Prior to Digital AIR Technology, Richard was Chief Information Officer and principal founders of Incapture Technologies, a Director and front office systems designer/architect for Blackrock solutions, and a Director at Barclays Global Investors (BGI) for front office technologies. His many achievements include designing quantitative enterprise systems Barclays Capital as head of NY Derivatives technologies and Trading Platforms, directing the development and implementation of BGI's fixed-income asset management system and creating front- office tools for BlackRock's Aladdin. Richard attended Cornell University for a program in Mathematics and Applied and Engineering Physics. Attended NJIT for Master Programs in computer science at NJIT and Carnegie Mellon University for Master of Financial Engineering.
Marvin Loh is a Managing Director at BNY Mellon Markets Group, where he is the firm's senior market strategist. Mr. Loh monitors market, industry and credit developments, and formulates their impact on a wide range of asset classes, including rates, currencies, credit, EM and equities. He focuses on identifying relative value opportunities across various risk classes through monitoring the flow, correlation and volatility of asset types. He publishes BNY Mellon Market's weekly Fixed Income and Markets Commentary and is a contributor to various additional daily and weekly publications. Mr. Loh is a regular speaker and presenter at investment, corporate and media events. He is also regularly quoted in various financial publications and has been interviewed on numerous business programs.