Blockchain is one of the first truly disruptive ideas from the fintech sector - Deutsche Bank

Blockchain is one of the first truly disruptive ideas from the fintech sector - Deutsche Bank

The technology underpinning the cryptocurrencies such as Bitcoin, Litecoin and others, is “one of the first truly disruptive ideas from the fintech sector,” Deutsche Bank Research has said in an online post titled Blockchain – attack is probably the best form of defence. “Traditional banks now need to focus in particular on timely analysis of these new technological challenges and on development of potential (collaboration) strategies in order to reclaim a more active role in the competitive race to innovate. One result of the planned potential analyses could be that financial institutions....

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Technical answer in bitcoin is that bitcoin is a remarkable cryptography achievements.

Dr. Eric Schmidt