Problems of Wall Street's Approach Towards Blockchain Technology

Problems of Wall Street's Approach Towards Blockchain Technology

Global banks, financial institutions and organizations have begun to research about the potential applications of the blockchain technology that may restructure traditional financial and banking systems. Over the last few months, multinational banks including Citibank, JPMorgan and UBS have built research teams and startup acceleration labs to acvively develop prototypes of blockchain based applications and run pilot tests on their existing platforms. UBS for example, has announced their plans to build a transaction settlement platform based on a blockchain to enable banks and financial....


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