Welcome to the 3rd edition of “Thursdays Trading Thought”.
Today we have a quick chat about technology and in particular Blockchain.
Yes, Blockchain has been around for a few years now but we’re really seeing more and more of it in the news lately, and there has been a lot of hype about the potential applications of this technology.
Some people have even said the Blockchain will have a greater impact on our lives than ANY other technology that exists today.
How big is that?
Much of the hype around Blockchain has been focused on the financial industry, or the potential for Blockchain to fundamentally change the financial services industry.
Which got me thinking..
… How could this impact us in the future, both as traders and as fine, upstanding members of society? 🙂
Anyway, my own personal knowledge of Blockchain was pretty limited – even though I’d heard of it a number of times I didn’t really have an idea of what it was.
But I do remember that Bert Mouler mentioned it episode 64 of the podcast where we were discussing cryptocurrencies.
So I asked Bert to come back on the show and give us a very quick introduction into Blockchain:
- What is it?
- Why are people so excited about it?
- The possible applications to the financial services industry, traders and society in general.
So let’s head over to Bert and hear what the fuss is all about!
Additional information
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Huffington Post – ‘The impact of Blockchain goes beyond Financial Services’
The Conversation – ‘Finally, interesting uses for the blockchain that go beyond bitcoin’
Forbes – ‘How The Blockchain Will Transform Everything From Banking To Government To Our Identities‘
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