Bitcoin Could Change The Derivatives Market, Says UBS Banker

Bitcoin could change derivatives, in particular settlement, trading and securities issuance according to some individuals, among whom are bankers and technologists. Alex Batlin, who has been a vocal supporter of banks adopting Bitcoin related technologies, told attendees of the IDX Derivatives Expo in London that blockchain technologies will change banking.  “Blockchain technologies can make banks more efficient – for example through instantaneous settlement rather than the days it takes at present, lower costs and lower operational risk,” according to Alex Batlin, chief technology officer for innovation at UBS. The simple lesson for banks is that if we don’t do it […]

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