State Street Explains Blockchain in Five · State Street Explains... Blockchain in Five It powers...

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Transcript of State Street Explains Blockchain in Five · State Street Explains... Blockchain in Five It powers...

Not Just for Bitcoin

1Public or

Private

2

Secure

3

Efficient

4

Still Early Days

5

State Street Explains...

Blockchain in Five

It powers the Bitcoin system, but can enable many other financial applications and interactions.

Having a shared, validated and distributed ledger can help speed reconciliation, shorten settlement time and automate processes.

Blockchain applications behave the way we

need them to — open and public, or permission-

based and private.

Cryptography is a key part of a blockchain.

It ensures the data can be distributed and

still be secure.

Huge potential that will only be unlocked through

experimentation and by addressing regulatory,

governance and technical challenges.

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