Moody’s: Blockchain Technology is ‘Creating Competitive Pressure’A new report from Moody’s Corporation details that there are currently over 120 blockchain-related projects involving Ethereum, Hyperledger, Microsoft, Bitcoin, and R3 CEV development.............
https://news.bitcoin.com/moodys-blockchain-tech-competitive/ "Interestingly, top audit and consulting firms, PwC and Bain, respectively, just began warning businesses that “blockchain illiteracy” could “hurt” banks and a wait-and-see approach could leave institutions “flat-footed.” Perhaps it won’t be long before Moody’s — an agency that rates over 170,000 corporate, government and structured finance securities worldwide — will also include Bitcoin/blockchain IQ in their own rating system."
Sounds like an exortion: either you join us or you are dead.
It's never good to be threatened fon our "own good". These consultancy agencies aer leveraging the "blockchain" to take a lot of money from big companies which don't understand anything of what this whole ecosystem is about.
