Blockchain DApps

Morgan Stanley: Blockchain Tech Misconceptions & Hurdles to Adoption in Banking

Morgan Stanley Research recently released a Global Insights report asking the question, “Blockchain in Banking: Disruptive Threat or Tool?”

The investment bank’s in-depth study highlights various misconceptions about blockchain technology and identifies 10 hurdles to making blockchain a reality in
banking. The report stipulates that the opportunity for blockchain tech is evident but that mainstream adoption is too far off to impact its 2017-18 estimates.

Ten Key Hurdles to Blockchain in Financial Services

Morgan Stanley identifies 10 roadblocks for blockchains to become a reality in banking, namely determining cost/benefit in use cases, cost mutualisation and who funds the
overhaul of old systems, misaligned incentives, evolving to the right standard, scaleability & performance, governance, regulatory issues, legal risks, cryptology & security, and simplicity & interoperability.

READ MORE AT CHAIN-FINANCE.COM

Journalist, policy analyst, and evangelist of new, disruptive technologies including big data analytics, Internet of Things, and cryptocurrencies. Internet industry veteran with regional c-suite experience, and journalist credentials earned at internet.com, Internet World magazine, and Mecklermedia Corporation.
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