A report titled _“Consumer Digital Payments — US,” which was released on October 11 by Moody’s analyst Stephen Sohn and team, reassures the payments sector that blockchain technology is a distant threat. .......................
@@@@Blockchain Will Transform and Benefit Financial Services@@@@@@@
@@@@In a separate report released by Moody’s associate managing director, Sean Jones, and team in April this year, the group acknowledged that blockchain technology has a range of “potential applications and benefits” beyond Bitcoin.As blockchain technology is implemented, it is expected that post-trade processes will be transformed. However, there are a number of hurdles to overcome before the economics of investments in blockchain tech are seen as a positive. ...............