Banks and exchanges have been piling into various blockchain initiative but doubts persist over the role of the new technology
The finance industry is said to have
ploughed more than $1 billion into blockchain since the start
of last year but firms are still unclear on how the technology
might be implemented and when, writes Julie
Distributed ledger or
blockchain–based technology has been a hot topic in
the financial markets for the past year. The major banks and
exchanges are either funding start ups or developing the
technology internally, a top US regulator has called for "do no harm" regulation and the UK
scientific adviser gave blockchain an honourable mention in his
Yet there remains doubt over key issues,
namely what is its role and when will it be ready?
This article is available to subscribers and registered users
Please log in to continue reading.
Not yet registered? Take a free trial.
If you have already taken a free trial you
have ongoing access to the analysis section of FOW.com including this story.
Log in using your details below to read.
Already have an account? |