The Big Banks' Blockchain Boondoggle

The Big Banks' Blockchain Boondoggle
google image

Ethereum last hit the headlines just a couple of months ago, in connection with the DAO hack, in which $50Mn of the $150Mn raised by the DAO a month earlier suddenly went for a walk, with assistance from some hackers and a not-so-smart Ethereum smart contract. So that little misadventure is hardly Ethereum's fault: Ethereum was just the infrastructure of the DAO, not the guiding mind behind the DAO dumb contracts. The real questions are still: is Ethereum any good for the banks? What's the new technology?

Read Full Article »
Comment
Show commentsHide Comments

Related Articles