UBS CEO: Blockchain technology almost a must-have for business

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Blockchain, the technology behind cryptocurrencies, is 'definitely an opportunity' in the long term for businesses, says UBS Group CEO Sergio Ermotti. CNBCCrypto

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Blockchain is great when decentralized, otherwise it is no different than any other database. All these corporations are looking at centralized databases implemented with blockchain and that makes no sense!

Until quantum computing comes along and instantly decodes them all in the first minute of operation.

This initiative was endorsed by the Collective Intelligence, one of the most powerful forces on planet earth at this time !!!

The wealthy on the planet are going to start distance themselves from the Internet and sign on to a completely new network called (Global Satellite Video Conferencing) GSVC. This network will start to grow like the internet but the core will be based on leaving your audio phone.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Santander Names UBS Investment Bank Head Andrea Orcel as Next CEOBanco Santander named UBS’s Andrea Orcel as its new CEO, propelling one of Europe’s highest-profile investment bankers to the helm of a global banking giant.
Source: WSJ - 🏆 98. / 63 Read more »