Blockchains based upon distributed ledger technology (DLT) have the capacity to undo the “complexity, opacity and fragmentation of capital markets,” but they lack a clear path to wider acceptance, are competing against other disruptive technologies for funding, and represent a threat to traditional industry institutions, according to a new report from World Economic Forum (WEF)…. Read More >>
Blockchain/DLT: A Behind-the-Scenes Revolution?
Despite massive media hype, the blockchain/distributed ledger technology (DLT) that constitutes the Bitcoin cryptocurrency will lead to radical operational overhaul spinoffs that are likely to be hidden from view, according to a new report from the World Economic Forum, the foundation for public-private cooperation and sponsor of the Davos conferences. “The financial services infrastructure will… Read More >>