«I'm more a believer of a distributed
ledger technology where you have a defined set of players (that are) well - identified.
Not exact matches
Baldet had been heading up JPMorgan's Blockchain Center of Excellence,
where she led the product direction for Quorum, JPMorgan's business - oriented blockchain, a buzzy database
technology that uses shared
ledgers for record keeping.
Within the
ledger technology — the actual underpinnings of cryptocurrencies — is
where Holmes said there's potential.
Last week, Ripple was at Money 20/20 in Las Vegas,
where co-founder and CEO Chris Larsen participated in a panel focused on specific use cases of distributed
ledger technology.
The fact that government authorities have become so active in blockchain experimentation means that we will soon reach a point
where corporations will be expected to interact with those authorities using the distributed
ledger technology.
«In most areas of the world
where we have well - functioning fiat currencies and reliable banking systems, there just doesn't seem to be a need for digital currencies,» Nathan says, though she notes that Goldman Sachs Research remains optimistic that blockchain, cryptocurrencies» underlying distributed
ledger technology, can have a transformative impact across a wide range of industries.
Our bank partners recognize the promise of distributed
ledger technologies and their potential to transform financial market
technology platforms
where standards must be secure, scalable and adaptable.»
However, as we stand here today, almost 10 years on since Blockchain
technology was truly birthed, there is no one sector
where this
ledger has taken over and rendered its competitors obsolete.
The value of Bitcoin and distributed
ledger technology is yet to be realized, and as more old money piles in we'll be able to see
where this goes.
Distributed Futures was created as a forum for senior people to meet and network with a group of their peers four times a year and share intelligence on mutual distributed
ledgers, cyrptocurrencies, blockchains, FinTech, RegTech, and other interesting topics
where disruptive
technology meets finance.
In particular, Privacy by Design and privacy - preserving
technologies are critically important for a public identity
ledger where correlation can take place on a global scale.
Marcus Treacher, Ripple, outlines how distributed
ledgers can enable cross-border payments and
where blockchain
technology fits into the payments industry in both products and regulation.
These changes appear to be aimed at lowering the incidents
where digital
ledger technology is being used to administer the illegal exchange of goods and services, such as the purchase of firearms or drugs.
For all the investment, it remains increasingly unclear exactly how banks will use blockchain
technology or distributed
ledgers, or if the areas
where it seems most effective will be lucrative or interesting enough for incumbent financial firms to pursue.