Block Chain Will Revolutionize Capital Markets Beginning In 2016

The adoption of block chain technology will revolutionize capital markets as early as next year, according to a report by TABB research carried by CNBC TV. The report noted that the adoption is not a matter of if, but when. The TABB Group is a New York City-based company that provides insight on securities and investment management. The block chain, the report noted, serves as a big, decentralized ledger that records transaction information and stores it on a global network that can’t be tampered with. It noted that R3, a fintech company, leads a 20-bank consortium that is developing a framework […]

The post Block Chain Will Revolutionize Capital Markets Beginning In 2016 appeared first on CCN: Financial Bitcoin & Cryptocurrency News.