While Bitcoin may not replace the U.S. dollar anytime soon, the underlying technology of the blockchain is certainly generating hype among mainstream financial institutions.
Startups experimenting with blockchain technology for financial institutions are already receiving funding from banks like JPMorgan . In fact, in an Emerging Theme Radar note sent to its clients, Goldman Sachs has declared that the technology has the capability of drastic change.
"While the Bitcoin hype cycle has gone quiet, Silicon Valley and Wall Street are betting that the underlying technology behind it, the Blockchain, can change… well everything." the note reads .
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http://www.nasdaq.com/article/angela-walch-3-risk-factors-to-consider-before-replacing-existing-financial-infrastructure-with-bitcoin-blockchain-technology-cm599095#ixzz44KKrTvv7
