Describe core functions of global financial service sector

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Question: In chapter 3, the author describes eight core functions of the global financial service sector which blockchain technology will likely change. Create a new thread, choose one of the core functions described in chapter 3, and explain why it is important in moving today's economy forward, and provide at least two real examples of the chosen core function being changed by blockchain technology today.

Then think of three questions you'd like to ask other students and add these to the end of your thread. The questions should be taken from material you read in Chapter 1, 2, or 3. You're not trying to test each other, but you are trying to start a discussion.

Finally, go to three other students' threads and post comments, answering at least one of their questions.

You must do the following:

1) Create a new thread. As indicated above, choose one of the core functions described in chapter 3, explain why it is important in moving today's economy forward, and provide at least two real examples of the chosen core function being changed by blockchain technology today. Then think of three questions you'd like to ask other students and add these to the end of your thread. The questions should be taken from material you read in Chapter 1. You're not trying to test each other, but you are trying to start a discussion.

Videos: 1. How Does Bitcoin Work? (By Techquickie)

2. The real value of bitcoin and crypto currency technology - The Blockchain explained (By DutchChain)

Reference no: EM132336826

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