French Politicians Predict Blockchain Tech Will Lead to Job Losses

French Politicians Predict Blockchain Tech Will Lead to Job Losses

Two of France's left-leaning political parties are speculating that technologies like the blockchain could lead to substantial job losses in the financial sector. The comments came part of a document published last week by the Left Front and the French Communist Party entitled “Digital Revolution,” which explores the implications of Big Data, connected devices, 3-D printing and the blockchain on the power of state institutions – and how those power centers may be disintermediated by these technologies. The impact of this technology on jobs, the groups argue in the missive, could be widely....


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