According to Greenwich Associates research, the majority of financial market participants argue that Blockchain opens up possibilities for change in the markets over the next five years.
Blockchain - a chain of data blocks, where each block is associated with the previous year. Each unit contains a set of records. New blocks are always being added only to the end of the chain, but only if they are approved by the majority of users and comply with existing units. This principle provides a decentralized security mechanism that underlies the technology, which is widely used for data transmission.
Over the past year and a half interest in Blockchain increased, although the financial industry is not in a hurry to complete the introduction of technology.
Based on the results of the study expected volume of investments in Blockchain be $ 1 billion. The study is based on data about the tools that companies plan to spend on Blockchain in 2016, according to the project of their annual budgets.
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