Moody's: Blockchain On Track To Disrupt Specific Segments of Wall Street

Blockchain has been all the buzz in financial services. A new report from Moody’s notes the potential for growth and disruption on Wall Street but also points out the nuance. Certain industries and functions are likely to be more impacted by the Bitcoin-based structure technology than others. Post-trade processes being highly targeted Blockchain is currently being tested or considered around the securities and derivatives trading lifecycle, Sam Jones and a team of analysts at Moody’s noted in an April 12 report. What was at one point a theoretical discussion is becoming reality, as enthusiasm for blockchain grows as applications move…