6. Blockchain: Out Of the Lab, Into the Real World
Blockchain isn’t going away either: in 2017 we’re going to see blockchain, blockchain everywhere (and still not a bitcoin to spend), from saving bankers millions on derivatives, to good old money transfer systems, to e-commerce.
2017 may not be the year that everything will run on blockchain, but it’s certainly going to be the year we take those all-important first steps–away from proof-of-concepts and into the big bad financial world. Remember blockchain-for-data? We’re going to start seeing a lot more of that too.
It’s just over a week into the new year, and already new blockchain projects for payment, trade, and other areas of banking have been announced–while projects like Hyperledger and R3 continue to grow.
To learn more about future trends in banking, join us at Bank Innovation 2017 in San Jose. Please request your invitation here.