NEW Report: The Impact of Cryptocurrencies on Banks (2014)

WELLESLEY, MA – November 2, 2014-- -- Will emerging technology reshape banking? What should a bank do to prepare? What is the upside? What is the downside risk? Yegii’s pathbreaking report examines the potential uses of cryptocurrency networks, including Bitcoin and Ripple, from a banker’s perspective and offers recommended steps to adoption. Banks that follow the advice given in this report can turn a threat into a major opportunity.

Price: $15,000. BUY THE REPORT.

Yegii's unique method of sourcing knowledge through a global call for experts, see Bitcoin’s Impact on Banks, followed by a rigorous selection process, ensured a stellar group of experts contributed to the report.

In phase 1, which lasted three weeks, 35 experts (including CEOs, top tier university professors, technologists, data scientists, banking professionals, and consultants--both Bitcoin enthusiasts and skeptics) contributed. In phase 2, which lasted two weeks, 28 experts continued honing in on the issues. Finally, in phase 3 which lasted three weeks, a team of 4 experts, namely Yegii experts Shep (http://yegii.com/profile-expert/615), John (http://yegii.com/profile-expert/565), Vin (http://yegii.com/profile-expert/559) and franc (http://yegii.com/profile-expert/543) crafted a report with input from senior leadership from a leading global bank, under supervision by Yegii's staff as well as a dedicated resource from Yegii's Board of Directors. Throughout the expert on demand process, Yegii's brain trust could make use of an evolving list of relevant cryptocurrency knowledge assets, see Bitcoin knowledge assets
“Emerging currencies provide a challenge to the financial system, but also to individual banks. Lobbying regulators to shut innovation down will only work in the short term, and likely not in all geographies. It is a bit like denying globalization.” Trond Undheim, Founder, Yegii, Inc.
Yegii is the definitive resource for industries re-shaped by emerging technology, policy, user dynamics or business models. Empowered by a knowledge discovery engine, we mobilize experts as well as knowledge across the globe and, through a three-stage selection process, assemble multidisciplinary teams who solve client business challenges. As a result, we acquire deep insight quicker, of superior quality, and at a fraction of the cost of top tier consulting.

Yegii’s business challenges (video): https://www.youtube.com/watch?v=8SRMKKWda2E Bitcoin’s Impact on Banks (Yegii challenge): http://yegii.com/challenge/bitcoins-impact-banks-265

### ABOUT YEGII INC. Yegii is an insight network, where companies and professionals meet to tackle challenging business issues. Yegii is shaping the way people will interact with knowledge online by allowing them to focus only on the facts that matter. Yegii is headquartered in Wellesley, MA, and was beta launched in March 2014 by Dr. Trond Undheim, Senior Lecturer, MIT Sloan School of Management. The team behind Yegii has led change projects at Oracle corp., Fidelity, Bertelsmann, Random House, The White House, the European Union, and MIT. Yegii's Advisory Board includes a US Air Force General, as well as executives in tech, finance, and healthcare. Yegii's growing expert network counts CEOs, PhDs, and industry professionals with 10+ years’ experience across industries. More information is available at: http://yegii.com/

Contact: Tina Choi, COO tina@yegii.com