Wednesday, 11 October 2017
By Nathaniel Karp / Marcial Nava
Blockchain, also known as Distributed Ledger Technology (DLT), is a general purpose technology that promises to boost economic and social well-being by significantly lowering transaction costs. Like the Internet in its beginnings, the future of blockchain is hard to predict, and while most of the attention has centered around the impact on finance, applications to other sectors are growing exponentially.
As the U.S. energy mix is shifting away from coal, there is wide consensus that natural gas is a bridge fuel towards renewables, given its ability to meet climate objectives and energy needs.
What are the potential risks and benefits of cloud computing for banks? Before making the switch, banks must weigh challenges against future cost and time savings.