A new report from the World Economic Forum predicts that the underlying technology introduced by the virtual currency Bitcoin will come to occupy a central place in the global financial system.
The Blockchain has received what could be termed as it biggest endorsement yet since its creation. In a statement released with this report Giancarlo Bruno, the head of financial services industries, at the World Economic Forum, says:
“Rather than to stay at the margins of the finance industry Blockchain will become the beating heart of it.”
The unique characteristics of the Blockchain makes it impossible for it to be ignored. Rather, it presents a platform where other concepts and technologies can build upon, especially within the global financial system. CoinTelegraph spoke to experts about the Blockchain, its implementation and impact on the finance industry.
https://cointelegraph.com/news/world-economic-forum-blockchain-is-inevitable-phenomenon-bitcoin-will-follow
