23 Jan '16, 8am

Goldman Sachs nails why banks are so excited about the technology behind bitcoin

REUTERS/Mike Segar Nailed it! Banks are going gaga for blockchain technology, the protocol developed to underpin bitcoin. It uses complex cryptography and a wide network of records — known as a "distributed ledger" — to eliminate the need for a central bank or middle man to regulate transactions. Banks have been swarming around the technology, with 42 investment banks signing up to an industry-wide group looking at how to use it and Goldman Sachs declaring in a note that it has the potential to change "well, everything." The conversation around this complex technology is pretty baffling, even to many of those involved. Everyone I speak to has a different way of describing it and the possibilities of what it could be used for are myriad. But Goldman has explained why banks are so excited, in its podcast on "The Digitization of Finance." Don Duet, co-head of the Technology D...

Full article: http://uk.businessinsider.com/goldman-sachs-don-duet-expl...

Tweets

Goldman Sachs nails why banks are so excited ab...

uk.businessinsider.com 23 Jan '16, 8am

REUTERS/Mike Segar Nailed it! Banks are going gaga for blockchain technology, the protocol developed to underpin bitcoin. ...

How blockchain tech could change the way we do ...

bbc.co.uk 22 Jan '16, 12am

How blockchain tech could change the way we do business 22 January 2016 From the section Business Image copyright Getty Im...

How blockchain tech could change the way we do ...

bbc.co.uk 22 Jan '16, 12am

How blockchain tech could change the way we do business 22 January 2016 From the section Business Image copyright Getty Im...

@LiberalIsland @Blakesaj7 @john3ners Goldman Sa...

greenbuildingadvisor.com 17 Jan '16, 1pm

I thought of a new way to by Eric Habegger I thought of a new way to explain the logic of why I disagree with this article...

PricewaterhouseCoopers Launches Bitcoin and Blockchain Technology Team

PricewaterhouseCoopers Launches Bitcoin and Blo...

bitcoinmagazine.com 21 Jan '16, 9pm

PricewaterhouseCoopers (PwC), the world’s largest professional services firm, has recruited 15 leading technology speciali...

Where the #Blockchain could be used beyond #Bitcoin

Where the #Blockchain could be used beyond #Bit...

letstalkpayments.com 24 Jan '16, 8pm

(a payments-specific research and consulting firm) has identified 20 non-financial use cases for blockchain technology. Th...

Bitcoin and Blockchain - Digital Future...

It's decentralized - The bitcoin network isn’t controlled by one central authority. It's easy to set up – Unlike banks who...

Microsoft Positions Itself as the Perfect Home ...

technologyreview.com 22 Jan '16, 7pm

Earlier this week a consortium of 11 giant banks including UBS and Credit Suisse announced that they had completed their f...

Four Reasons EV Sales Will Surge, According To ...

cleantechnica.com 03 Feb '16, 11am

Please read your own link/reference more carefully: “Market share for hybrid vehicles, which make less of a political stat...