As Blockchain Advances, Developers Look To Open Source As A Solution

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Mark Melin
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As the digitization of financial transactions becomes ever more mainstream, with Bitcoin’s core technology blockchain leading the way, the rapid adaptation raises security concerns at the same time its enhanced efficiency is being exploited. A recent Greenwich Associates survey highlights the conundrum but also points to solutions. Greenwich Associates survey shows movement to create common industry standard In a survey of financial services executives using distributed ledger technology that operates behind blockchain, 61% support the method at a time when industry executives are voicing a need for technical consistency. “Consistency and security across all technical platforms in financial services is a challenge…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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