January 2019
Intermediate to advanced
258 pages
7h 12m
English
Content preview from Blockchain for Business 2019
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Impacts in the financial sector
The financial sector will be among the first to be disrupted by blockchain technology. The previous major technological innovations in the financial sector, the ATM and the credit card, were introduced way back in the 1950s and 60s.
Not only that, but according to the World Bank, their most recent study found 2 billion people who are unbanked. That's over a quarter of the entire global population! As you can imagine, this stunts global economic progress significantly. Not to mention that the unbanked people, who are mostly from developing countries, are at a clear disadvantage. It is difficult enough to increase productivity and trade within their own country, let alone transacting with the rest of the world. ...
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