Banks are intensively testing blockchain technology, but still haven’t settled on business cases for it. We see in area of Trading/Settlement first momentum, with max a dozen of leaders this is also easier to set a standard
Banks are intensively testing blockchain technology, but still haven’t settled on business cases for it. That was the news from the panel of bankers discussing banks’ use of the blockchain last week at Consensus 2015, a cryptocurrency conference from CoinDesk. Blockchains are transaction histories that use multiple parties for verification. “Databases deal in fact; networks deal in opinion,” said Simon Taylor of Barclays, quoting a conversation he had with Ethereum, a blockchain platform. “Blockchains help the two to interrelate.”
http://bankinnovation.net/2015/09/banks-still-seek-business-cases-for-the-blockchain/
