The Collision of Stock Exchanges and Blockchain

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Blockchain technology was invented simply as a ledger for bitcoin transactions. But very soon it became clear that its decentralized, immutable, pseudonymous nature could be effectively used in numerous industries. Blockchain technology has been one of the most revolutionary technological concepts over the last few years. Several publications, covering various aspects where the distributed ledger technology can be used to disrupt a change in different markets, have been written. The finance industry is undergoing many seismic changes at present, with fintech in particular proving to be a significant disruptor. Blockchain has ignited curiosity among industries and sectors, especially in finance. Blockchain has often been called “the future of financial services infrastructure” . If we talk about the Blockchain Technology there are very less critics that exist. But recently there is a group of critics emerging from different industries of the world where the distributed ledger technology is being practically experimented to increase efficiency of the current system.