UBS Executive Says Blockchain for Finance is Still in Development Phase

Implementation of blockchain operations for the finance industry is still ten years away according to UBS executive, Veronica Lange; speaking at the Innovate Finance Global Summit in London, the UBS head of innovation says blockchain is still primarily in a research and development phase; there are a lot of positive reports about pilot programs and solutions and the finance industry is moving toward greater utilization of the technology but discussions at the Innovate Finance Global Summit report that new infrastructure will be required for full deployment and that will take time. Source

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