Digital Currency / Related Technology Could Accelerate Trading & Transaction Settlement on

They added: “It is not bitcoin itself that has the potential for changing the institutional capital markets. The , the technology that allows bitcoin to exist and be transferred safely without an intermediary, presents a much bigger opportunity for financial services firms.”

“Can Bitcoin and the blockchain be separated effectively? Can private blockchains operate without losing the benefit of the public blockchain?”

A series of startups want to use the digital technology to execute and settle trades, saving Wall Street banks and investors billions of dollars by radically reducing a transaction’s lifespan.

Some want to strip blockchain (aka digital currency) away from bitcoin for use on Wall Street, creating a private system where trading partners are known to each other.