Wednesday, 28 September 2016

#BUSINESS BANKING #BLOCKCHAIN REVOLUTION

Note, 15% involvement rate, by just next year ...

"According to a “Blockchain in Banking” study by the IBM Institute for Business Value, first movers are setting a fast pace. While just a handful of banks are operating on the blockchain today, by 2017, 15 percent of banks in the study expect to have blockchains in production. The study will be released at Sibos in Geneva on September 27.

So I suggest getting engaged as soon as possible. You want to be part of the discussion as blockchain standards are set for the banking industry. Choose discrete projects where the attributes of blockchain can drive rapid benefits both for you and your clients.

As I said, this payment platform is not perfect. In the coming months, scalability will improve, standards will be created, and security will harden. There is a vibrant, growing ecosystem engaged in building new applications on the blockchain. Venture capitalists are backing blockchain with their investment dollars."

VC's turn TINY investments into HUGE sums ... so far, for me, 14 weeks in 535 GBP turned into 9.07.45 = 69.62% return on investment (ROI) in 14 and a half weeks ... I can't complain. Can I.

Sources

Latest Top Stories -->> http://www.occupythebanks.com 

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