Sentences with phrase «technologies by incumbent»

Not exact matches

«Several consortiums led by incumbents with high market share have emerged to test proof - of - concept Blockchain technologies, particularly in international payments and securities clearing and settlement,» says Morgan Stanley's Global Head of Banks and Diversified Finance Research Betsy Graseck.

In the short term, distributed - ledger technology is far more likely to be used by incumbents in financial services.

Other areas dominated by large incumbents with concentrated market share and those with illiquid markets also may show interest in the technology.

«We need to overcome any barriers to the conversion of health care data into blockchain by providing the right incentives to the incumbents, in order to fully and quickly realize the potential we see in this new technology,» DeGrave said.

Competing for two seats on the Chester town board are incumbents Michael G. Packer and Stephen Durkish, challenged by broadband technology consultant Ava L. Ashendorff, and now Lauren Pereau, who has spoken out against the closure of Theriot Avenue in town.

Over the weekend a quickly - formed school board candidate fund - raiser was put together by the Utah Technology Council, among others, with House Speaker Greg Hughes, R - Draper, and Senate President Wayne Niederhauser, R - Sandy, called in to help raise money for some of the remaining school board incumbents feeling the heat from the Utah Education Association — the main teacher union in the state.

The high price of cellphones eventually fell as technology advanced, networks matured, and new competitors such as Wind Mobile and Videotron entered the market, while others such as Public Mobile and Mobilicity were snapped up by the big three incumbents.

By promising to lower costs, improve service and broadening access, the technology - led companies are counting on seducing growing numbers of consumers and chipping away at the customer base incumbents worked hard to maintain.

Now, the innovators in the ecosystem seeking to apply blockchain technology for use by financial incumbents are showing the first signs of a similar frustrations.