Bitcoin Forum

Bitcoin => Press => Topic started by: eye4bd on July 24, 2016, 11:11:34 PM



Title: [2016-07-24] bitcoin.com] Moody’s: Blockchain Technology is ‘Creating
Post by: eye4bd on July 24, 2016, 11:11:34 PM
Moody’s: Blockchain Technology is ‘Creating Competitive Pressure’

A new report from Moody’s Corporation details that there are currently over 120 blockchain-related projects involving Ethereum, Hyperledger, Microsoft, Bitcoin, and R3 CEV development.............

https://news.bitcoin.com/moodys-blockchain-tech-competitive/


Title: Re: [2016-07-24] bitcoin.com] Moody’s: Blockchain Technology is ‘Creating
Post by: Karartma1 on July 25, 2016, 06:24:52 AM
Moody’s: Blockchain Technology is ‘Creating Competitive Pressure’

A new report from Moody’s Corporation details that there are currently over 120 blockchain-related projects involving Ethereum, Hyperledger, Microsoft, Bitcoin, and R3 CEV development.............

https://news.bitcoin.com/moodys-blockchain-tech-competitive/


"Interestingly, top audit and consulting firms, PwC and Bain, respectively, just began warning businesses that “blockchain illiteracy” could “hurt” banks and a wait-and-see approach could leave institutions “flat-footed.” Perhaps it won’t be long before Moody’s — an agency that rates over 170,000 corporate, government and structured finance securities worldwide — will also include Bitcoin/blockchain IQ in their own rating system."

Sounds like an exortion: either you join us or you are dead.
It's never good to be threatened fon our "own good". These consultancy agencies aer leveraging the "blockchain" to take a lot of money from big companies which don't understand anything of what this whole ecosystem is about.

 ::)