Bitcoin trade chartered
Posted On 26.09.2016
To bring you the best content on our sites and applications, Bitcoin trade chartered partners with third party advertisers to serve digital ads, including personalized digital ads. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other apps and devices. There has been a lot of buzz about blockchain, but will this new technology really change the way we transact in the future?
The more efficient global trade gets, the more communities benefit. Think of an old-fashioned ledger, one of those big leather-bound books that businesses used for recording their transactions, creating an official public record that was open for inspection. It’s called blockchain and it’s bringing fast change to global trade and finance. Blockchain is revolutionising the speed and efficiency of transactions. While the application of the technology is still in the proof of concept stage, it could play a positive role in a diverse range of industries and sectors including banking, commerce, healthcare, insurance and government.
Impacts on banking are particularly important, with advances such as real-time settlement capability, reducing counterparty risk and enhanced automation. What we do with the revolution, the industry is still coming to terms with. Hopefully, organisations will be able to harness the power of this technology for the advancement of the society and community, especially banks to make global trade and financial services much stronger to help connect communities and help our societies grow. How blockchain works So what is a blockchain?