Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
Analysis & opinionNovember 1 2019

Blockchain: a solution looking for a problem?

The blockchain star is beginning to fade, but you shouldn’t write it off just yet, says Chris Skinner. 
Share the article
twitter-iconcopy-link-iconprint-icon
share-icon

Being conference season, there have been many announcements in the past few weeks about companies showing off their innovations. A good example is R3, which appeared at major transaction banking trade show Sibos, lauding its partnerships with Mastercard, Infosys, Wells Fargo, Bank of America, Marco Polo and more.

Prior to this, there had already been quite a lot of positive news for R3 around the world – but the media no longer takes notice of any of this because blockchain has moved from being a ‘good’ thing to being a ‘bad’ one. The media thinks it has tanked; it is a former technology; its promise is no longer there.

To continue reading, join our community and benefit from

  • In-depth coverage across key markets
  • Comments from financial leaders and policymakers worldwide
  • Regional/country bank rankings and awards
Activate your free trial