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- How blockchain is transforming business models
Posted by : Brij Bhushan
Friday 16 September 2016
The traditional business model is under attack… as well it should be. In this era of disruption, it’s absolutely necessary to redefine business models and archetypes as a whole. This post dives into the benefits of blockchain, its impact on the financial system, and how some companies are experimenting. Traditional financial services companies, and banks in particular, are behind the curve in terms of technology. An accenture report claims that most big banks have systems as old as the 1970s or even 1960s, which mean that newer IT systems are just patched on top of the core to deliver online…
This story continues at The Next Web