Blockchain Technology 2018 | Blockchain Technology 2018 | 22 June 2018 | Royal Society of Chemistry Burlington House Piccadilly London, England, W1J United Kingdom, Burlington House, Piccadilly, Mayfair, London W1J 0BA, UK
Venue
Royal Society of Chemistry Burlington House Piccadilly London, England, W1J United Kingdom
Royal Society of Chemistry Burlington House Piccadilly London, England, W1J United Kingdom, Burlington House, Piccadilly, Mayfair, London W1J 0BA, UK
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| Event Date |
Fri Jun 22 BST (over 6 years ago)
In your timezone (EST): Fri Jun 22 12:00am - Fri Jun 22 12:00am |
| Location |
Royal Society of Chemistry Burlington House Piccadilly London, England, W1J United Kingdom
Burlington House, Piccadilly, Mayfair, London W1J 0BA, UK |
| Region | EMEA |
Details
Blockchain is an exciting decentralized, distributed ledger technology that has been popularised by the Bitcoin global cryptocurrency. Blockchain technology removes the reliance on a trusted third party to maintain a central ledger and whilst financial marketplaces have been the most widely used application at the time of writing, this is not the only type of transaction where it can improve business performance. Below lists the key benefits which will enable blockchain to potentially transform how business is done in the future:
Faster transaction times: in the context of financial Services and banks transactions between banks can typically take days for clearing and may be reliant on when the banks are open for business. A blockchain transaction is distributed across the network in minutes and will be processed at any time throughout the day.