Blockchain Technology Can Significantly Simplify Modern Banking

Blockchain Technology Can Significantly Simplify Modern Banking

Oliver Bussmann, CIO of Swiss Bank, believes that the Blockchain is the most disruptive force within the Financial Sector. The decentralized ledger of transactions could also be used to store documents which after publication, could no longer be tampered with. Documents stored on the Blockchain would be authenticated through the same underlying technology that powers Bitcoin. While being almost completely unknown in 2009, Bitcoin has become a hot topic of debate among corporations, banks, and governments. Also read: BITCOIN 2.0 WILL BE A VERY BIG DEAL. The World Opens Up to Blockchain....


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