Re:Big Banks Are All Over Blockchain
by un_montagnard on Wednesday December 27, 2017 @03:52PM
(#16017929)
This.
McKinsey/BCG/others makes presentations to banks executive boards saying Distributed Ledgers are the future and you need to get onboard if you want to survive. Now every IT department head will try to do nonsense distributer ledger stuff for his promotion/bonus and business department heads will be OK because they don't want to be blamed for missed opportunities.
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Re:Big Banks Are All Over Blockchain
by JumpCrisscross on Wednesday December 27, 2017 @04:08PM
(#16018047)
> because they don't want to be blamed for missed opportunities
It sounds more rational than that. Blockchain announcements make headlines. And blockchain headlines are driving stock prices [1]. There are numpties in the mix, but I don't think it's them.
[1] https://www.bloomberg.com/news/articles/2017-12-21/crypto-cr...