The Strathclyde Business School Centre for Financial Regulation (SBS) recently issued a warning that Scotland’s financial sector needs to accelerate its adoption of technology to avoid a future banking crisis.
“Fintech is being driven by two major innovations – blockchain, and distributed ledgers,” the recent announcement states. “[The technology] has the potential to create nearly 15,000 jobs in Scotland over 10 years. But failing to adopt leading-edge technologies would have the opposite effect, with a loss of just over 14,000 jobs.”
http://bravenewcoin.com/news/experts-say-scotland-should-adopt-blockchain-technology-or-risk-losing-tens-of-thousands-of-jobs-and-hundreds-of-millions-in-earnings/
