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Source NetworkWorld.webp Network World
Identifiant 358169
Date de publication 2017-04-21 07:14:00 (vue: 2017-04-21 07:14:00)
Titre IDG Contributor Network: Why banks should stay well clear of blockchain
Texte If the financial services industry is banking on blockchain as the basis for new service innovation, it will be sorely disappointed. Blockchain's design principles are completely at odds with those of the industry, and the technology is fraught with flaws that could be catastrophic for financial institutions.I'll come on to why in a moment. Clearly, there is a lot of hype and momentum around blockchain. WANdisco sees this first hand: We're increasingly being approached by banks that think this is the kind of thing we do (it isn't). And why are they interested? Because senior directors and investors have heard the buzz and concluded that this is something they need-that if they don't seize the opportunity, they'll miss out. They're wrong. Banks need blockchain like a hole in the head.To read this article in full or to leave a comment, please click here
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Condensat approached are around article banking banks basis because being blockchain buzz catastrophic clear clearly click come comment completely concluded contributor could design directors disappointed don financial first flaws fraught full hand: have head heard here hole hype idg increasingly industry innovation institutions interested investors isn kind leave like lot miss moment momentum need network: new odds opportunity out please principles read sees seize senior service services should something sorely stay technology they thing think those wandisco well why will wrong
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