Tag: financial industry

Morgan Stanley Report Claims Private Blockchains are the Future

Morgan Stanley has released a 31-page report examining the potential knock-on effects of blockchains and distributed ledger technologies on financial institutions. The report, titled “Blockchain in Banking: Disruptive Threat or Tool?”, argues that the financial establishment will have the upper hand with their private blockchain innovations. According to Morgan Stanley’s report, regulatory issues will have negative effects on non-permissioned public blockchain networks. “The market underestimates the advantages banks and custodians …
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UniCredit Blockchain Report Urges Banks to Collaborate with Fintech Companies

Italian financial giant UniCredit has released a detailed technical report on the applications of blockchains in the financial industry. The report, Blockchain Technology and Applications from a Financial Perspective, was authored by Matteo Biella, Analyst and Risk Manager at UniCredit, and UniCredit IT Business Analyst Vittorio Zinetti. The authors explain that blockchain tech can be integrated into the existing legacy financial systems, and that financial institutions can create their own …
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