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How Blockchain Is Changing Finance

Harvard Business Review

Blockchain was originally developed as the technology behind cryptocurrencies like Bitcoin. Due diligence and disclosures can be scant, and some companies that have issued ICOs have gone bust. The digital nature of the ledger means that blockchain transactions can be tied to computational logic and in essence programmed.

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What Companies Have Learned from Losing Billions in Emerging Markets

Harvard Business Review

But after the Great Recession of 2007-2009, when developed economies effectively froze in place, their appetites only sharpened. In contrast, in 2010 in Borneo Churchill Mining lost the right to use land it had purchased and spent $40 million surveying when Indonesia decentralized its government and a local authority changed the rules.

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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

In May of 2005, Yahoo CEO Terry Semel, cofounder Jerry Yang, corporate development executive Toby Coppel, and I — I was then chief financial officer of the Silicon Valley internet company — went on what would turn out to be a fateful trip to China. search engine company Inktomi in 2002. Tsai, for example, clearly understood U.S.