Barclays Data Officer Praises Blockchain Tech at SWIFT Forum

Barclays Data Officer Praises Blockchain Tech at SWIFT Forum

Blockchain technology is "transformative", according to Usama Fayyad, chief data officer at Barclays. Speaking at SWIFT Business Forum London, Fayyad explained that he believes bitcoin is interesting, but argued that it may not remain the most compelling use case in the future. "Underneath [bitcoin] lies the technology of the blockchain and I think that will be transformative," he added. Fayyad took part in a panel discussion titledHarnessing disruptive technology in wholesale financial services, which featured Craig Donaldson, CEO of Metro Bank. Gottfried Leibbrandt, CEO of SWIFT.....


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