Deloitte: Banks Need to Form Consortiums For Blockchain to Work

Deloitte: Banks Need to Form Consortiums For Blockchain to Work

Deloitte, one of the many multi-bln dollar research firms that have expressed optimism towards Blockchain over the past few years, stated in an annual report released in December that banks and financial institutions must form consortiums in order to pursue the implementation and commercialization of Blockchain technology. Eric Piscini, a principal with Deloitte, stated in an interview that the company is focused on the development and establishment of consortiums or collaborative projects that could optimize the implementation phase of Blockchain. There exist numerous conflicts the....


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