Former JP Morgan Exec: Distributed Digital Ledgers Will Change Finance
Former JP Morgan credit default swap pioneer, Blythe Masters, believes that distributed digital ledgers have the potential to empower business models and will fundamentally change how our financial world operates. Speaking at Exponential Finance 2015, Blythe Masters, former Head of Global Commodities at JP Morgan, presented her views on how blockchain technology and public ledgers can disrupt current business models, and why major financial institutions and regulators should explore their potentials. "Economic transactions on a digital ledger can be programmed to record virtually anything....
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Former Wall Street executive Blythe Masters says distributed ledgers will change the way the financial world operates. Speaking at the Exponential Finance conference in New York, Masters who joined bitcoin trading platform Digital Assets Holdings as CEO in March, said: Distributed ledger technology does have the potential to be disruptive of certain business models. But it has at least as much potential to be enormously empowering of existing business models in terms of making them lower cost, more efficient and less risky.