UBS CEO says Blockchain Is ‘Almost A Must’ for Business

[harjiy]

The CEO of Swiss financial services giant UBS Group AG endorsed blockchain technology in an interview, suggesting that it is “almost a must” for business.

Sergio Ermotti told CNBC Monday that the technology can help companies become more efficient, thereby reducing costs for certain operations. In general, technology will help firms free up resources, but blockchain in particular “is a great way” to increase those efficiencies.

what do you guys think about this?