Tech

What Happened to the Financial Blockchain Revolution

It turns out that's not what banks want.

Not going as some had hoped.

Photograph: Hulton Archive/Getty Images

Once upon a time, there was a lot of optimism that the blockchain -- the technology underlying Bitcoin -- would help the finance industry deal with a big headache: post-trade processing, the often long and arduous task of making sure money and securities change hands and everybody knows who owes what to whom.

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