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'All of a sudden being a CTO at a bank is sexy' Tech could revolutionize finance
- bboreham 11y agoThe reason given here appears to be bullshit. Nothing stops banks from reducing settlement period with existing technology, except change is complicated. It's already been done for foreign exchange - look up Continuous Linked Settlement. BlockChain's stand-out feature is that you don't have to trust a central authority. As they are the central authorities in today's system, of course banks are looking into it.