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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2014-10-27] Wsj: UBS CIO: Blockchain Technology Can Massively Simplify Banking
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LiteCoinGuy (OP)
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October 27, 2014, 06:11:46 PM
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UBS CIO: Blockchain Technology Can Massively Simplify Banking

According to Oliver Bussmann, CIO of Swiss bank UBS , the biggest disrupting force is the blockchain – the underlying technology behind Bitcoin, the electronic-only currency which is created on computers and isn’t controlled by any government or centralized authority.

http://blogs.wsj.com/digits/2014/10/27/ubs-cio-blockchain-technology-can-massively-simplify-banking/
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indiemax
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October 27, 2014, 06:20:38 PM
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Sounds like the bankers  are starting to accept the superiority of the Blockchain rather than fight it,interesting to see who the first mover will be,then the mad rush Grin
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October 29, 2014, 12:46:35 AM
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Too bad he doesn't understand that bankers aren't needed in the equation. Roll Eyes
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October 29, 2014, 01:23:59 AM
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When somebody with a strong brand and security level establishes it as a reliable service, then the whole industry will follow. That is my personal prediction
great! More and more financial elites realize the tremendous benefit the blockchain technology will bring to us.
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