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Blockchain Predicted to Become Central to Global Financial System

     
3:49 pm on Aug 15, 2016 (gmt 0)

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According to the World Economic Forum, Blockchain is likely to become a central part of the global financial system.

“Rather than to stay at the margins of the finance industry blockchain will become the beating heart of it,” the head of financial services industries at the World Economic Forum, Giancarlo Bruno, said in a statement released with the report.

The blockchain originally referred to the database where all Bitcoin transactions are recorded and stored. Blockchain Predicted to Become Central to Global Financial System [nytimes.com]