RE: Hi, I’m William Mougayar from Toronto, Canada. I'm an investor & author of The Business Blockchain – the first business book that fully explains the blockchain’s implications on business.

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Hi, I’m William Mougayar from Toronto, Canada. I'm an investor & author of The Business Blockchain – the first business book that fully explains the blockchain’s implications on business.

in ama •  9 years ago 

It is so, because the first blockchain (Bitcoin) was about Money, and that's the banks' business.
What most banks are doing now with private blockchains is only maybe using 1/4 of the full potential of blockchains. They see it as a technology for saving money and improving some internal or inter-organizational processes, which is fine as an improvement step, but not as one that will change their business.

ama
9 years ago by

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      ·  9 years ago 

    Thanks!

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