The Blockchain Revolution Gets Endorsement in Wall Street SurveyBitcoin supporters argue the software that makes the digital currency possible could accelerate trading on Wall Street. A new survey suggests financial-services professionals are on board.
Greenwich Associates found 94 percent of respondents say blockchain -- the ledger that drives bitcoin -- could be used in finance, according to a report to be released Wednesday. The software is touted as a way to speed up and simplify how trades of everything from stocks to loans and derivatives are processed.
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“It is not bitcoin itself that has the potential for changing the institutional capital markets. The blockchain, the technology that allows bitcoin to exist and be transferred safely without an intermediary, presents a much bigger opportunity for financial services firms.”
http://www.bloomberg.com/news/articles/2015-07-22/the-blockchain-revolution-gets-endorsement-in-wall-street-surveyIt is all about the blockchain ..... Intranet 2.0