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Topic: [2016-06-03] ET: EU's market watchdog to take deeper look at blockchain (Read 742 times)

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EU's market watchdog to take deeper look at blockchain

http://economictimes.indiatimes.com/small-biz/security-tech/technology/eus-market-watchdog-to-take-deeper-look-at-blockchain/articleshow/52566307.cms

The European Union's markets watchdog will study blockchain in more depth after an initial analysis showed it was too early to say whether the technology poses any threat to financial markets.

Blockchain, or distributed ledger technology (DLT), currently underpins the virtual currency bitcoin.

Blockchain's proponents say it has the potential to "disrupt" financial markets by making payments and the settling of securities transactions, in particular, far cheaper.
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