Published on August 31st, 2015 | by bitcoin0
Blockchain Technology Will Impact Asset Ownership, says Goldman Analyst
A Goldman Sachs analyst has revealed further insight into the global investment banking giant’s developing thesis on bitcoin and blockchain technology.
In a podcast released this summer and highlighted by a recent New York Times piece, global investment research analyst Heath Terry addressed both bitcoin and the blockchain, praising the distributed ledger as a technology that would have “massive implications” for asset and ownership transfer.
“We’re first pitch, first inning in terms of seeing how companies are going to use the technology,” Terry said, adding:
“It’s fascinating in really early stages, but it’s hard to see a world where blockchain technology doesn’t change the way we think about asset ownership.”
The three-part paper is the latest from Goldman Sachs to highlight bitcoin and the blockchain’s potential applications for asset transfer.
Goldman Sachs image via Shutterstock