2 ms·

I heard the head of R&D (of Scotiabank) talk at a conference a little over a month ago and at the time he made it seem like Scotiabank had experimented with exi

I heard the head of R&D (of Scotiabank) talk at a conference a little over a month ago and at the time he made it seem like Scotiabank had experimented with existing cryptocurrencies and blockchain tech and were disatisfied and thought it would be some time before the technology was approachable for their bank. I guess they were just playing coy.

sputknick 9y ago
Or, that statement is true, but the genuinely want to explore blockchain technology and thought joining the EEA would be the best way to do that.
- 52-6F-62 9y ago
  Quite possible. They've definitely obfuscated their hand. Their R&D department is respectable, I have to say, so I'm sure whatever approach they're taking is measured. Seeing as the EEA is primarily a group to coordinate research and development on this implementation of blockchain tech, it makes sense to join even as an investigation into it.
mbloom1915 9y ago
I too saw that guy speak and spoke to him before he went on. Oddly dismissive of all things crypto/blockchains....
- 52-6F-62 9y ago
  At BigDataTO/AIToronto? There was a lot of positivity toward blockchain tech on whole. My favourite was Dr. Dan McGillivray (Associate, Yeates School of Graduate Studies)[0] dept discussing Toronto's [and Brooklyn's] microgrid projects. I really enjoyed Suhail's[1] talk. He came from engineering as I recall, so as a lead he was very in tune with the technicals. He was also very cautious. I don't think he was too down on blockchain tech as a potential solution for certain problems (otherwise why bother experimenting), but he was very clear about their sentiment toward existing cryptocurrencies. However, I'm starting to think maybe he was referring more to Bitcoin because of the selection of his audience -- which was largely bankers and other corporate non-technicals receiving an introduction to new tech. But overall the sentiment seemed to lean toward positivity, even if it was not directed at a singular implementation. [0] https://www.canadianinstitute.com/ontario-power-277w15-tor/speakers/dan-mcgillivray-b-a-m-sc-ph-d/ https://www.canadianinstitute.com/ontario-power-277w15-tor/s... [1] https://twitter.com/suhailshergill?lang=en https://twitter.com/suhailshergill?lang=en [1] https://github.com/suhailshergill https://github.com/suhailshergill
dx034 9y ago
Being part of such an alliance is helpful to make sure that you can implement it once it works. It's probably not expensive for them to be part of the network and it gives them the chance to be one of the first to make use of it if they want.

sputknick 9y ago

Or, that statement is true, but the genuinely want to explore blockchain technology and thought joining the EEA would be the best way to do that.

52-6F-62 9y ago
Quite possible. They've definitely obfuscated their hand. Their R&D department is respectable, I have to say, so I'm sure whatever approach they're taking is measured. Seeing as the EEA is primarily a group to coordinate research and development on this implementation of blockchain tech, it makes sense to join even as an investigation into it.

mbloom1915 9y ago

I too saw that guy speak and spoke to him before he went on. Oddly dismissive of all things crypto/blockchains....

52-6F-62 9y ago
At BigDataTO/AIToronto? There was a lot of positivity toward blockchain tech on whole. My favourite was Dr. Dan McGillivray (Associate, Yeates School of Graduate Studies)[0] dept discussing Toronto's [and Brooklyn's] microgrid projects. I really enjoyed Suhail's[1] talk. He came from engineering as I recall, so as a lead he was very in tune with the technicals. He was also very cautious. I don't think he was too down on blockchain tech as a potential solution for certain problems (otherwise why bother experimenting), but he was very clear about their sentiment toward existing cryptocurrencies. However, I'm starting to think maybe he was referring more to Bitcoin because of the selection of his audience -- which was largely bankers and other corporate non-technicals receiving an introduction to new tech. But overall the sentiment seemed to lean toward positivity, even if it was not directed at a singular implementation. [0] https://www.canadianinstitute.com/ontario-power-277w15-tor/speakers/dan-mcgillivray-b-a-m-sc-ph-d/ https://www.canadianinstitute.com/ontario-power-277w15-tor/s... [1] https://twitter.com/suhailshergill?lang=en https://twitter.com/suhailshergill?lang=en [1] https://github.com/suhailshergill https://github.com/suhailshergill

dx034 9y ago

Being part of such an alliance is helpful to make sure that you can implement it once it works. It's probably not expensive for them to be part of the network and it gives them the chance to be one of the first to make use of it if they want.