Blockchain Revolution

A NEW LOOK FOR THE WORLD’S SECOND-OLDEST PROFESSION
The days of Franken-finance are numbered as blockchain technology promises to
make the next decade one of great upheaval and dislocation but also immense
opportunity for those who seize it. The global financial services industry today is
fraught with problems: It is antiquated, built on decades-old technology that is at odds
with our rapidly advancing digital world, making it oftentimes slow and unreliable. It
is exclusive, leaving billions of people with no access to basic financial tools. It is
centralized, exposing it to data breaches, other attacks, or outright failure. And it is
monopolistic, reinforcing the status quo and stifling innovation. Blockchain promises
to solve these problems and many more as innovators and entrepreneurs devise new
ways to create value on this powerful platform.
There are six key reasons why blockchain technology will bring about profound
changes to this industry, busting the finance monopoly, and offering individuals and
institutions alike real choice in how they create and manage value. Industry