Blockchain's Numbers Don't Add Up

Blockchain's Numbers Don't Add Up
By Zach Copley - http://www.flickr.com/photos/zcopley/8705948289/, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=29007966

It has big ambitions to revolutionize finance. But those aren't matched by its funding or manpower. The blockchain industry is either hugely under-resourced or hugely over-optimistic. Probably both.Despite a constant trickle of initiatives from the world's largest banks -- Deutsche Bank, Santander and UBS were the latest to tout a new settlement currency last month -- the numbers don't yet add up.

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