Deloitte & ConsenSys Book Ticket on Blockchain BandwagonCryptocurrency enthusiasts have noted how there is a lot of hype surrounding blockchain technology. Financial institutions may see this as the holy grail of finance for the future. But they do not necessarily understand how the technology works.
However, financial institutions have no interest in the Bitcoin blockchain, due to scalability issues. Plus, they cannot exert control over the open blockchain either. Deloitte and ConsenSys Enterprise have built their respective versions of blockchain technology so far. These private solutions are tailored towards the banking sector, as financial institutions remain in control at all times.
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https://news.bitcoin.com/consensys-deloitte-blockchain-bandwagon/
