Download This PaperBlockchain Technology Disrupting Traditional Records Systems
Financial Insights - Dallas Federal Reserve Bank
4 Pages Posted: 13 Jul 2017
Date Written: July 5, 2017
Abstract
This article gives a very general introduction to the technology, promises and limitations of blockchain technology --- popularized by the digital currency Bitcoin and a key force behind the surge of cryptocurrencies. Blockchain acts as a distributed database or joint global register of all transactions --- a decentralized digital ledger --- and has the potential to become a disruptive force in the financial industry and elsewhere, bypassing traditional, centralized channels such as banks.
Keywords: Blockchain, Bitcoin, Cryptocurrency
Suggested Citation: Suggested Citation
Koch, Christoffer and Pieters, Gina C., Blockchain Technology Disrupting Traditional Records Systems (July 5, 2017). Financial Insights - Dallas Federal Reserve Bank, Available at SSRN: https://ssrn.com/abstract=2997588
Do you have a job opening that you would like to promote on SSRN?
Feedback
Feedback to SSRN