The Blockchain Could Make Existing Securities Industry Players Redundant, Says BNP Paribas Analyst

By July 6, 2015Bitcoin Business

Writing on Quintessence , the financial magazine of BNP Paribas, financial securities research analyst Johann Palychata analyzes the possible impact and future implications of the blockchain for securities markets. He believes that Bitcoin is really an innovation and a disruptive open-source technology for the financial world.

“Its core is the first successful attempt for a secure and decentralized register,” says Palychata. “It should be considered as an invention like the steam or combustion engine. ”

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