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Title: [2014-10-27] Wsj: UBS CIO: Blockchain Technology Can Massively Simplify Banking Post by: LiteCoinGuy on October 27, 2014, 06:11:46 PM UBS CIO: Blockchain Technology Can Massively Simplify Banking
According to Oliver Bussmann, CIO of Swiss bank UBS , the biggest disrupting force is the blockchain – the underlying technology behind Bitcoin, the electronic-only currency which is created on computers and isn’t controlled by any government or centralized authority. http://blogs.wsj.com/digits/2014/10/27/ubs-cio-blockchain-technology-can-massively-simplify-banking/ Title: Re: [2014-10-27] Wsj: UBS CIO: Blockchain Technology Can Massively Simplify Banking Post by: indiemax on October 27, 2014, 06:20:38 PM Sounds like the bankers are starting to accept the superiority of the Blockchain rather than fight it,interesting to see who the first mover will be,then the mad rush ;D
Title: Re: [2014-10-27] Wsj: UBS CIO: Blockchain Technology Can Massively Simplify Banking Post by: 2dogs on October 29, 2014, 12:46:35 AM Too bad he doesn't understand that bankers aren't needed in the equation. ::)
Title: Re: [2014-10-27] Wsj: UBS CIO: Blockchain Technology Can Massively Simplify Banking Post by: H.W.Z on October 29, 2014, 01:23:59 AM Quote When somebody with a strong brand and security level establishes it as a reliable service, then the whole industry will follow. That is my personal prediction great! More and more financial elites realize the tremendous benefit the blockchain technology will bring to us. |