Five-year wait for Wall Street's adoption of blockchain
Distributed ledger technology will transform the financial industry, but not for another three to five years
Large-scale adoption of distributed ledger (DL) and blockchain technologies could take another three to five years, as industry participants identify and test areas in the trade life-cycle where the technology could be most practical, a senior managing director from State Street Bank and Trust Company told conference delegates.
Speaking at the 10th annual FX Invest North America conference in Boston on April 12, Hu Liang, senior managing director of State Street's emerging technologies centre
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