Credit Suisse Report Promotes Blockchain for Banking and Finance

Credit Suisse has produced a report titled ‘Shared ledger technology and the impact on stocks’ based on its findings on blockchain technology, with the conclusion that it will significantly alter all areas of finance and banking in the next decade. The pioneering area, according to both Credit Suisse and Ripple, will be cross-border payments.

In this report, Credit Suisse has reviewed its opinions on potential of bitcoin and blockchain have to disrupt global incumbents operating in the payments, capital markets, financial services and media ecosystems.

 

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