Banks should stop dreaming about blockchains and start looking at Alibaba

By October 12, 2015Bitcoin Business

Canary Wharf, London Banks have been seduced by blockchain technology when they should be addressing their problems with platform innovations that could be achieved today – the sort of thing done most effectively by the likes of Alibaba.

Banks should change their processes but have become obsessed with product, opines Haydn Shaunghnessy, the author of SHIFT: A User’s Guide to the New Economy.

By product he means theoretical blockchain designs that will not be scalable for […]

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