Haseeb Awan2019-05-12T19:39:47+00:00

Banks of future will be a financial product marketplace

Today when we think of loan or a financial product, the first thing that comes in our mind is bank. You want to have mortgage, go to banks, you want to have credit card, go to bank, you want to make a deposit, you go to bank, you want to wire, you go to bank. Though many may argue that they use online banking but that’s still a bank and unless there is a very strong reason for you to go to a [...]

May 22nd, 2019|Categories: Fintech, Security Tokens, Startups|

Decentralized Open Finance

I wrote about Trust & it’s importance in the last blog post here. I’ll try to cover more on Open Financial also known as decentralized financial systems AKA DEFI. You can pickup thee term as per your liking but as much they’re interchangeable they’re also subset of each other depending on the reference that you apply. An open system can be decentralized or centralized depending on your definition of centralization & same with openness where it could have so much high barrier to [...]

May 12th, 2019|Categories: Fintech, Security Tokens, Startups|

Trust & Decentralized Finance – DeFi

There’s a famous saying “It takes ages to build trust & seconds to destroy it” Trust is super important for any aspect of life. Our economy is built on trust. We interact directly or indirectly with external factors throughout our day based on the trust that they’ll perform as we expect. With passage of time, trusts get stronger & stronger which leads to higher confidence in our own ability to perform. During any transaction, trust is super important. Once it’s established the transaction [...]

May 4th, 2019|Categories: Startups|

Why Bitcoin isn’t compatible with Security Tokens

Bitcoin is considered to be too sacred when it comes to critisism in cryptocurrencies. Bitcoin minimalism has developed a cult culture where anything that comes remotely close to taking away the dominant position from bitcoins in cryptocurrency is hit with criticism. While I don’t disagree with the BTC dominance, it is hurting the growth of ecosystem. Altcoins also known as shit coins have diluted the space but they’ve a reason to exist. My involved in the industry span over 7 years &  have [...]

April 15th, 2019|Categories: Fintech, Security Tokens, Startups|

IEO – Initial Exchange Offering – A Detailed Guide

While general consensus about ICO is that the days of ICO (Initial Coin Offering) are over post 2018 crash, IEO (Initial Exchange Offering) is generating similar kind of buzz wave.  I can see lot of co-relation between ICO & IEO when it comes to FOMO, interest, price manipulation etc. Major difference between IEO & ICO is IEO is supported by an exchange while ICO has to get listed on an exchange. Due to ICOs performing really bad in 2018 mainly due to lack [...]

April 3rd, 2019|Categories: Fintech, Security Tokens, Startups|

Token Velocity & How to preserve your token price

T The velocity of an object is the rate of change of its position with respect to a frame of reference and is a function of time. Simple example is car travelling at 100 mph. Though it’s a concept of kinematics, relevance can be derived in economics and more specifically in tokenomics. In tokenomics, price of token is directly linked to usage. However, usage isn’t the only metric & this is where velocity comes into play. Gyms operate on a 100X principal to [...]

March 27th, 2019|Categories: Fintech, Security Tokens, Startups|Tags: , |

6 steps for a Security Token Offering Launch

Preface A securities offering (or funding round or investment round) is a discrete round of investment, by which a business or other enterprise raises money to fund operations, expansion, a capital project, an acquisition, or some other business purpose. A securities offering (or funding round or investment round) is a discrete round of investment, by which a business or other enterprise raises money to fund operations, expansion, a capital project, an acquisition, or some other business purpose. STOs would be a process to [...]

January 13th, 2019|Categories: Security Tokens|

51% attack – Biggest Flaw of decentralized proof of work network

Biggest selling point of bitcoin & cryptocurrencies is decentralization & open contributor network (mining) where any one can contribute to the network hash power to reap the benefits, it does opens up the opportunity to bad actors who can take over the network & bend it accordingly. Once they’ve the control of network, they can pretty much do anything they want. These kinds of attacks are not easy in bigger networks such as bitcoin but smaller networks are very much vulnerable to it. [...]

January 8th, 2019|Categories: Fintech|

Bitcoin ATM ( BTM) – Killer Usecase for Bitcoin

5  years ago, we installed the first bitcoin ATM in Toronto at Decentral. These 5 years passed by quickly. I am humbled by the people I met, experiences I had & opportunities I got through that experiment.  That venture started as a fun weekend project that turned into a business. Today it's a thriving company. I'll cover that story later but today I'll write about why I think Bitcoin ATM is a killer use case for cryptocurrencies. It's fairly easy to buy bitcoins [...]

January 2nd, 2019|Categories: Fintech, Startups|

Mastering the Market Cycles

Financial cycles are often misunderstood by majority. It's a zero sum game where transfer of money takes place from one entity to another. It's combination of analysis, research but luck outplays every other factor. Markets react irrationally majority of the times. Either you're a fund manager or an individual managing your personal portfolio, what't the #1 question that goes through your mind. "Is this a great time to exit or enter" There are three types of sentiments that exist in the market at [...]

December 29th, 2018|Categories: Startups|