Peter Schwabach: Has blockchain finally come of age?

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clock • 4 min read

The last month has seen some of the world's largest companies apparently undergo a change of heart about blockchain technology. Peter Schwabach takes a closer look at why that might be

After a month where, among other developments,  Goldman Sachs said it would start trading bitcoin and bitcoin futures, Facebook revealed it was exploring launching its own cryptocurrency and HSBC announced it had completed its first blockchain cross-border currency transaction, it is fair to pose the question - has blockchain finally ‘come of age'? Yet it was only six months ago that Goldman Sachs CEO Lloyd Blankfein confidently announced: "Bitcoin is a vehicle to perpetrate fraud." And four months ago that Facebook announced it was blocking all advertising for cryptocurrencies. And thre...

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