Wondering why Wall Street is so excited about blockchain? The words "2 billion dollars in savings" might give you an idea. The process of settling and clearing trades can be very manual and laborious, so introducing a blockchain solution to simplify the process can really reduce effort and spending.
Up Next in Blockchain
Some of the world’s largest energy companies, traders and financial institutions have united to create a blockchain-based digital platform that replaces the current manual tasks in the energy sector with digital contracts. Physical energy transactions, from trade entry to final settlement, will be implemented via the blockchain platform, which envisions that over time all energy will be transacted via decentralized blockchain models.
Energy Majors, Traders and Banks Unite to Create Blockchain Platform
pv magazine International - Ilias Tsagas
Researchers from the Centers for Disease Control (CDC) are looking at ways to manage population health and disaster response by putting data collection and analysis operations on a blockchain-based ledger to enhance data transparency and accuracy.
CDC and European Giant Tieto Take Blockchain into Healthcare
TechCrunch - Jonathan Shieber