Nach dem Brexit-Votum müssen sich die britischen Banken auf schwere Zeiten einstellen: Einer Studie der US-Beratungsfirma Greenwich Associates zufolge dürften die Geldhäuser auf der Insel zahlreiche Firmenkunden verlieren.
The theft of some $72 million in bitcoins by hackers from Hong Kong-based exchange Bitfinex and other recent high profile blockchain breaches illustrate the serious security questions facing the many companies working to bring blockchain technology...
A recent Greenwich Associates survey of 119 bankers and financial technology executives on concerns over the blockchain found that they were worried first about other banks seeing their transactions and then about the security of the transactions...
UK consumers are one step closer to using products underpinned by blockchain technology after the financial watchdog said it was considering approving a “small but significant number of firms” using the process behind bitcoin, the cryptocurrency.
A Greenwich Associates report entitled “Securing the Blockchain” revealed that 63% of participating banks viewed confidentiality of transactions as a major concern for blockchain development.
"Nobody's been able to hack into the bitcoin blockchain and steal bitcoins," said Richard Johnson, vice president of Greenwich Associates. "In that sense, the blockchain itself is very secure. It has very strong cryptography securing it."
“They’ve come up with a product and a solution that the market likes and wants to use,” said Richard Johnson, a market-structure analyst at Greenwich Associates LLC. “They were doing something when the regulators were doing nothing. But it does...
Albeit blockchain allows for transactions to become public knowledge, the technology can also be used to keep accurate information confidential. Various banks around the world see transaction confidentiality as a primary security concern for...
Research from Greenwich Associates released in May, before the Brexit vote, found that, while corporate treasurers knew Brexit would lead to disorder and volatility, “most corporate officers have not taken any actions to minimize the negative...
Blockchain technology is taking the financial institution by storm. As more financial companies continue investing into the technology to bring it to the market it seems hopeful that it could have a major impact in a few years.
