[2015-07-23] The Blockchain Revolution Gets Endorsement in Wall Street Survey

[LiteCoinGuy]

The Blockchain Revolution Gets Endorsement in Wall Street Survey

Bitcoin 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.

...

“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-survey



It is all about the blockchain ..... Intranet 2.0   

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[gogxmagog]

They all spout this type of new fangled block trading BS.
Great news. I believe them.
Doubt it will be BTC driven.
They will just make all sorts of alts to use for their specific purposes. It's safer that way. Make a valueless coin that has a good block chain to use for trading stocks; moving values; ledgers w/ever, doesn't have to be btc.
Bad actors might steal btc, better to start a new alt and exploit that block chain.