Wall Street keeps saying "the future of finance runs on blockchain." The question nobody asks: which one?
There is no "the blockchain." There are thousands of chains with different rules, different t...
Thing is though that statement can be quite correct. Blockchain is a broader concept than just finance or currency itself. It can be used in logistics or artwork or for tracking any changes in anything. One application is for financial value and yes then there may be many different names and implementations.
But if a stock exchange wants to use blockchain on the broader sense to track all financial transactions and movements say of stock, that is a valid concept as I understand it. It does not mean the stock would be traded in Bitcoin or whatever. The currency of blockchain is anorrower scoping of the broader use of blackchain.
But if a stock exchange wants to use blockchain on the broader sense to track all financial transactions and movements say of stock, that is a valid concept as I understand it. It does not mean the stock would be traded in Bitcoin or whatever. The currency of blockchain is anorrower scoping of the broader use of blackchain.
