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Topic: [2016-01-24]Davos Showdown: Bitcoin vs Blockchain (Read 303 times)

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The World Economic Forum in Davos has been paying growing attention to new financial technologies, including Bitcoin and Blockchain for several years already. The WEF annual conference this year was mostly dedicated to the Fourth Industrial Revolution and FinTech.

The World’s financial and banking giants again shared their attitude to digital currencies and Blockchain technology. Some of them did note that new distributed ledger solutions will change the financial industry soon, while others condemned BitcoinCT r:  7 to failure.

MasterCard investments

After the first day of the conference an interview with Garry Lyons, Chief Innovation Officer at MasterCard, to Business Insider caught everyone’s attention. He said that the company is “interested in seeing where blockchain technology goes” and the company is already investing in Digital Currency Group (DCG), the Bitcoin and Blockchain company.

Garry Lyons continued:

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It’s not just the industry that’s excited about blockchain — it’s the world, everyone. Even at Davos, every single tech panel I have gone to mentions blockchain and some people call it ‘the second coming.’ But while we think it’s very interesting, we don’t want to, and no one wants to, be blindsided by rushing into it [as the technology is still developing]

read more http://cointelegraph.com/news/116132/davos-bitcoin-vs-blockchain
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