Connect with us
Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

News

The Digital Financial Services Observatory (DFSO) Partners with BlockCerts Blockchain to Secure Financial Future

gbafNews28

NEW YORK, N.Y. and VICTORIA, British Columbia, Jan. 22, 2021 /PRNewswire-PRWeb/ — The DFSO, a project of the Columbia Institute of Tele-Information at the Columbia Business School, today announced a strategic partnership with BlockCerts Blockchain to advance its financial inclusion initiatives. The two technology leaders will merge their collective expertise to bring secure, low-cost financial resources to unbanked and underbanked communities.

Supported by a grant from the Bill and Melinda Gates Foundation, the Observatory pioneers DFS research at the intersection of policy and technology to disrupt the vicious cycle of poverty. Since its official inception in 2016, the project has led analysis and training to implement security standards and DFS applications. Through the development of a Cybersecurity Actionable Risk Management Framework (A-RMF), the DFSO works to safeguard financial platforms and drive DFS at scale in developing populations.

As the creator of the first blockchain-based decentralized SaaS Cloud Platform, BlockCerts Blockchain provides the secure framework to implement the DFSO's global standards. Combining distributed ledger technology with KYC authentication, the DFSO BlockCerts implementation will secure data integrity and limit access to authorized participants. Made operable on BlockCerts, DFSO Nodes and Containers will open to the community in Q1 of 2021 and help support the 1.7 billion people worldwide who are excluded from formal financial services.

The DFSO is now receiving applications for founding sponsors. Founders will become the backbone of the global financial standards model created by the DFSO. As the ecosystems evolve, the DFSO Founders Network will be an integral part of the evolution of the ecosystem for DFS globally. Companies and individuals can learn more and apply for founding sponsorship of the DFSO through the new DFSO information website.

“The Columbia Institute for Tele-Information is very pleased to be able to partner with BlockCerts Blockchain in the next phase of the DFSO journey. The concept of making the DFSO's content interactive and available via the BlockCerts platform to a wide audience is an incredibly exciting prospect. This will be of great benefit to DFS participants and regulatory bodies alike,” stated Jason Buckweitz, Executive Director of the Columbia Institute for Tele-Information.

“We are enthused to be able to collaborate with the DFSO and to provide our blockchain platform, patented secure virtual space technology and DApp solutions to support such an important global initiative for businesses, governments and end-users,” stated Tim Vasko, CEO BlockCerts Blockchain.

BlockCerts Blockchain is transforming business through a patented secure virtual space technology – accessed through private keys. BlockCerts is the first platform company providing decentralized software, the next generation of software tools, which work seamlessly in one place, to accelerate productivity, secure business and eliminate monthly costs. BlockCerts Blockchain is uniquely owned by the BCERT token holder community.

The DFS Observatory began operations in March 2016. It is housed within the Columbia Institute for Tele-Information (CITI) at the Columbia Business Schiool in New York. CITI is a university-based research center focusing on strategy, management, and policy issues in telecommunications, computing, and electronic mass media.

Founded in 1983 at Columbia University, CITI is the first research center for communications economics, management, and policy established at a US management school. Its location in New York City provides a unique foundation for these activities. Research collaboration among academic, corporate, and public sectors is vital in analyzing the complex problems associated with managing communications enterprises, systems, and policy in environments of rapidly changing technology and regulation.

Media Contact

Dan Gay, BlockCerts Blockchain, 877-621-4266, dan@blockcerts.com

Jason Buckweitz, Columbia University, (212) 854-3756, jab2322@gsb.columbia.edu

Twitter

 

SOURCE BlockCerts Blockchain

Advertisement
Editorial & Advertiser disclosure

Call for Entries

Global Banking and Finance Review Awards Nominations 2022
2022 Awards now open. Click Here to Nominate

Newsletters with Secrets & Analysis. Subscribe Now

Recommended

Global Banking & Finance Review® is a leading financial portal and Print Magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management. Copyright © 2010-2021 GBAF Publications Ltd - All Rights Reserved.