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The blockchain technology is much more than Bitcoin and mining and trading cryptocurrencies. It can be leveraged in a wide…

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Tag: Merrill Lynch

Former Merrill Lynch Executive: Bitcoin Could be the Future of Transactions

Category: Business, Finance, News

Former Merrill Lynch Executive: Bitcoin Could be the Future of Transactions

Former Merrill Lynch executive Bob Wigley has begun to recognize the significance of blockchain technology and its unique applications that could potentially reduce maintenance and development costs of both banking and traditional financial systems. “It has cost advantages. It’s another way of outsourcing in a very cost efficient manner part of the costs of processing transactions. Payment systems are quite…

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