Episodes
Friday Jul 13, 2018
Friday Jul 13, 2018
Blockchain technology has the potential to transform the way the global economy works.
- Blockchain is the basis of the first global currencies.
- It can be used to remove barriers to international trade.
- By keeping all records on a single platform, it speeds up financial transactions.
- Ten years after their creation, blockchain currencies can be used on high streets through ATMs and apps.
One of the companies making blockchain payment accessible is Virtual Crypto Technologies, Inc. (OTCQB: VRCP), whose ATM and point-of-sale systems are user friendly and offer distinct advantages over their competitors. Lending facilitator LendingClub Corporation (NYSE: LC), which has already helped millions find the financing they need, is looking at ways to incorporate blockchain into its systems. Point-of-sale specialist Worldpay Inc. Class A (NYSE: WP) is also experimenting with the addition of blockchain to its integrated payment systems. Mobile payment company Square, Inc. (NYSE: SQ) is testing the integration of premier blockchain currency bitcoin into its technology. Broadridge Financial Solutions, Inc. (NYSE: BR) has followed a successful pilot with the acquisition of a patent for proxy voting and repurchase agreements based on blockchain technology.