What actually is blockchain and why is everyone talking about it? City Talk It’s been called a ‘revolutionary’ technology and its devotees claim it will transform money and even society – but what exactly is blockchain, and where will its impact be felt? Blockchain came to prominence as the enabling technology for the anonymous digital currency Bitcoin, but its supporters say its potential use is far greater. Wikinomics [...]
Here’s why the finance sector loves blockchain so much City Talk Financial services companies are watching blockchain technology intently because it promises to eliminate the manual and paper-based processes they have used for years. Deloitte’s recently established EMEA blockchain lab in Dublin is holding active conversations about more than 50 blockchain projects. “There’s a huge amount of interest, even though we are at early stages with [...]
Why blockchain is about to change finance as you know it City Talk Any process relying on outdated ways of doing things usually comes into technology’s crosshairs, and financial providers see blockchain as the newest opportunity to become more efficient and faster at serving customers. John Mahon, head of product research and strategy at EdgeVerve, says blockchain is ideally suited to the drawn-out process involved in buying a [...]
