Blockchain technology seems to be the prize many financial institutions are chasing, but why? From big banks to Fintech startups, creating a mainstream blockchain technology is the goal. The Blockchain Summit held in London today is a further testament to this, where delegates will discuss the next steps and long term impacts. So what's standing in the way of this technology serving the public, and do we really need it? To find out more, Matt Cox spoke to Garrick Hileman, a monetary innovation researcher and Economic Historian at the University of Cambridge and London School of Economics.
Guests: Chris Bailey,Matt Cox,Garrick Hileman
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Original Broadcast: Morning Money at 8:00
Peter Randall, CEO of London start up SETL, talked about blockchain and its impact on financial institutions. SETL is launching ‘the world's first commercial platform for using blockchain technology to register and settle securities transactions’. Peter discussed the platform.
Guests: Chris Bailey,Peter Randall
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