Future of Blockchain

in #steemit6 years ago

The future of finance A traceable global currency cost reduction for all market participants, it will change global banking. Bitcoin will do for payments what email did for communication.

Blockchain will be adopted by central banks and cryptographically secured currencies will become widely used.
Nasdaq will launch blockchain-enabled digital ledger technology that will be used to expand and enhance the equity management capabilities offered by its Nasdaq Private Market platform.

New technologies such as blockchain have the potential to reduce cyber risks by offering identity authentication through a visible ledger.

Small businesses could use blockchain to create trusted trading platforms among themselves.
Blockchain could potentially help bring robustness and transparency to the post-trade environment.
New technologies such as blockchain have the potential to reduce cyber risks by offering identity authentication through a visible ledger.
A bank could pay the supplier instantly over the Internet.
Blockchain technology will alter timing on risk.

Blockchain will be adopted by central banks and cryptographically secured currencies will become widely used.

The number of applications within and outside the banks could be reduced as the Blockchain transaction contains all relevant information for the successful transfer of assets and/or related contracts.
Deutsche bank's economist sees blockchain as a threat because of the lack of the IT infrastructure to support the technology involved.

Blockchain has the potential to create new industry opportunities and disrupt existing technologies and processes.

The future of finance in many nations could be dominated by Bitcoin and cryptocurrencies.download.jpg

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