State Street Explains Blockchain in Five · State Street Explains... Blockchain in Five It powers...
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Not Just for Bitcoin 1 Public 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. CORP-1861
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.
CORP-1861