What Is The Blockchain? Traders Explains

The lack of harmonization in the regulatory treatment of Bitcoin has left a bad taste in the mouth of the financial industry, but blockchain – the virtual currency’s distributed-ledger architecture – has only whetted the industry’s appetite.

In the last few months, news reports have focused on the promise of blockchain, and several big names have signed on to the new architecture, which was designed to transfer bitcoins from one person or entity to another. Now, financial firms and technology companies are seeing a path to settle and clear trades in a more efficient way.