state street explains blockchain in five · state street explains... blockchain in five it powers...
TRANSCRIPT
Not Just for Bitcoin
1Public or
Private
2
Secure
3
Efficient
4
Still Early Days
5
State Street Explains...
Blockchain in Five
It powers the Bitcoin system, but can enable many other financial applications and interactions.
Having a shared, validated and distributed ledger can help speed reconciliation, shorten settlement time and automate processes.
Blockchain applications behave the way we
need them to — open and public, or permission-
based and private.
Cryptography is a key part of a blockchain.
It ensures the data can be distributed and
still be secure.
Huge potential that will only be unlocked through
experimentation and by addressing regulatory,
governance and technical challenges.
CORP-1861