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Topic: [2016-05-05]MAGAZINE: Blockchain in progress (Read 267 times)

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From stealing the spotlight at gatherings like Sibos and the World Economic Forum, to headlining innumerable news and opinion pieces on what disruption means, blockchain has become a ubiquitous buzzword.

Blockchain technology, a distributed and decentralised immutable ledger, originally developed as the infrastructure on which to underpin bitcoin transactions, attracted attention for its potential to reduce costs and improve speed and security of financial transactions, as well as allowing for deep financial inclusion in the long run. “The opportunity to create new revenue streams has made blockchain technology banking’s ‘golden child’,” says Sanjay Saigal, head of customer success at Skuchain, a blockchain-based supply chain finance company, and a lecturer at the University of California, Davis.


http://www.gtreview.com/news/global/magazine-blockchain-in-progress/
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