2019-10-26 13:14 |
Blockchain could destroy the entire UK economic system, but smart-contracts are a “bit of a joy,” says a senior McKinsey advisor
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At Computing‘s recent Cloud and Infrastructure Live event, Business 5. 0 expert and senior advisor to IBM and McKinsey & Co. , John Straw, predicted that blockchain would render the City of London irrelevant.
2019-10-25 14:00 | |
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While distributed ledger technology (DLT) is fast gaining traction in several sectors of the global economy including investment banking, remittance, payments, and others, a new report by McKinsey & Co has revealed that the retail banking ecosystem have been slower to integrate the technology due to regulatory challenges and other bottlenecks, reports Bloomberg on JuneRead MoreRead More.
2019-6-9 09:00 | |
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Consultancy firm McKinsey has argued that blockchain is gaining slower traction with retail banks due to regulatory hurdles and a conservative consumer environment
2019-6-8 13:27 | |
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Blockchain technology has attracted significant attention since it was brought into the limelight a decade ago by Bitcoin (BTC) and the innovation has gradually been gaining traction in several industries across the globe, however, distributed ledger technology (DLT) is yet to become the game-changer, reported McKinsey & Company, an American management consulting company, on January 6, 2018.
2019-1-8 18:00 | |
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Globally-renowned consulting firm McKinsey has released an article that describes the blockchain industry as not having met its expectations… The post Blockchain Struggling to Get Past Pioneering Stage, Says McKinsey and Company appeared first on Invest In Blockchain.
2019-1-7 14:07 | |
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McKinsey & Company, the leading consulting firm, says blockchain technology is failing to transition past its pioneering stage. The company notes, however, that payments may not be the best use-case for a complex technology like blockchain.
2019-1-7 02:00 | |
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During the last 18 months, companies have claimed to be able to use blockchain technology to improve the supply of everything from vegetables to automobiles. An increasing body of evidence, however, suggests that the reality has failed to match the hype.
2019-1-7 22:15 | |
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According to the recognized consulting firm McKinsey & Company, there is little evidence of practical use for blockchain technology. The information was released by the company in an official blog post on January 4.
2019-1-6 22:50 | |
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According to a post published by major consulting firm McKinsey, there is little evidence for practical scalable blockchain technology
2019-1-5 17:36 | |
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The U. S. economy is bustling under the Trump administration, exceeding Wall Street’s expectation by adding 201,000 jobs in August and increasing hourly wages by 2. 9 percent, according to Bureau of Labor Statistics newest data.
2018-9-10 14:00 | |
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The new platform, called the “Ethereum time machine,” extends Ethereum’s programming capabilities by allowing smart contracts to execute transactions based on uncertain or not-guaranteed future events.
The contracts will exist on a sidechain built on XRPL, developers said in a Tuesday post.
The "Protocol 20" upgrade, which adds support for Ethereum-style smart contracts to the decade-old payments-focused blockchain, had been delayed by three weeks due to precautions after a bug was found.
In the aftermath of Fantom’s $550,000 hack in October, a security researcher found that the attacker could have stolen as much as $170 million.
The service industry needs blockchain for enhanced security, transparency and efficiency in managing transactions, contracts and customer data.
The European Parliament said on Nov. 9 that it has voted in favor of a Data Act that will set out rules in various areas, including smart contract development. The current announcement says that the act has been adopted with 481 votes in favor and 31 votes against, with 71 abstaining votes.