State Street Wants to Monetize Blockchain with Artificial Intelligence - CoinDesk
What if you couldn't fact check the investment data you wanted to buy, but the data was verified by a cryptographically proven, immutable blockchain? One major bank that is solely responsible for managing an estimated 11% of all the world's financial assets is exploring just such a possibility. Following a State Street report published last week on the long-term value of blockchain and other technologies, the bank's executive vice president of global exchange, Lou Maiuri, elaborated on how his group is experimenting with new ways to capitalize on blockchain tech. In conversation with CoinDesk, Maiuri explained how combining artificial intelligence and blockchain could lead to new revenue streams derived from valuable client data. "Anyone who's not looking at these pools of data will be arbitraged, will lose out."
Mar-7-2017, 14:45:11 GMT