Published on September 2nd, 2015 | by bitcoin0
Banks Hear From Ex-JPM Exec About Blockchain Tech
Blythe Masters is promoting blockchain to banks by offering an off-the-shelf private blockchain product and developing ways to connect its customers to the existing bitcoin system.
As said by Bloomberg Business, a well-known Blythe Masters, ex-JP Morgan managing director, is currently promoting blockchain.
She said the company is designing software that will enable banks, investors, and other market players to use blockchain technology to change the way they trade loans, bonds, and other assets.
For instance, the Bank of England has recently stated that central banks consider implementing “hybrid systems” involving blockchain.
Blythe Masters believes that the blockchain can be used to streamline all manner of financial transactions.