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Sunday, March 06, 2016

BlockChain as Game Changer

So what is it.  A good non technical and somewhat visual introduction.  In BusinessInsider:

Goldman Sachs says the technology "has the potential to redefine transactions" and can change "everything."

JPMorgan last month announced it was launching a trial project with the blockchain startup led by its former executive, Blythe Masters.  .... 

If you're wondering what a blockchain actually is, or how its works, you're not alone. Autonomous Research, which calls the technology a "game changer," has released a report to answer all of your blockchain questions.

The important thing to understand is that it has nothing to do with bitcoin — at least for Wall Street's purposes. Blockchain is the technology behind bitcoin, but it has many other uses too.

Wall Street wants to use blockchains to simplify the way it processes transactions.  ... " 

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