Article
Finews.ch: The potentials of blockchain technology and peer-to-peer financial systems
14 Jun
2016

In this Swiss publication, economist Paolo Tasca specialises in Fintech topics, focusing on the potentials of blockchain technology and peer-to-peer financial systems. He accentuates the transformative influence of blockchain on finance, foretelling an evolutionary change in business models and a radical alteration in the economics of businesses. He envisions blockchain enabling Decentralised Autonomous Organisations, predicting such innovations to fundamentally disrupt societal norms and economic structures. However, Tasca criticises Switzerland's lack of vision and leadership in blockchain, emphasizing the necessity for strategic governance to harness blockchain's full potential. While acknowledging the profound implications for traditional banking, Tasca remains optimistic about the adaptability of major banks to blockchain innovations. For a deeper insight, read the full article here.

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