Wall Street Firms to Move Trillions to Blockchains in 2018 | IEEE Spectrum

Wall Street Firms to Move Trillions to Blockchains in 2018; Amy Nordrum; In IEEE Spectrum; 2017-09-29.
Teaser: The finance industry is eagerly adopting the blockchain, a technology that early fans hoped would obliterate the finance industry

tl;dr → Depository Trust and Clearing Corporation (DTCC) will trial something with a blockchain in the title.



The Old Money Managers


The New Money Managers



  • Consensus 2017, the booster conference
  • Hype Cycle, Gartner Group.
    The metaphor of the Trough of Disillusionment of underdamped an control system, comprehending the social process of the diffusion of innovation.


The Boosterists

The Products


  • The canon is recited
  • Depository Trust and Clearing Corporation (DTCC)
  • permissioned blockchain
  • Hyperledger
  • J.P. Morgan
  • Axoni
  • Axcore
  • Consensus, a conference
  • Bloomberg
  • Thompson Reuters
  • Chain
  • IBM
  • Microsoft
  • Goldman Sachs
  • DApps
  • Go, a programming language
  • Hyperledger Fabric
  • Ethereum
  • public chain
  • Citibank
  • Proof of Concept (PoC)
    Proof of Work (PoW)
    Proof of Stake (PoS)
  • Enterprise Ethereum Alliance
  • World Economic Forum, (WEF)
  • Guernsey
  • Unigestion
  • Goldman Sachs
  • Northern Trust
  • R3
  • Corda


“Satoshi Nakamoto,” The Prophet.
An archetype figure: a Santa Claus or Moses or even a Jesus-type figure. “He” came, gave us a gift (and behold! it was perfect in every way!); upon the Redemption, he was Assumed and thus disappeared. No one is sure who “he” was or if “he” really existed. Whether “he” existed at all is not important to those of The Faith. “He” has no childhood friends or contemporaries who knew “him.” All we have are “his” writings, enshrined in the Wayback Machine and conspiracy theory discussion forums. Maybe “he” really was from The Future; maybe “he” really was sent by our descendants to prevent a Greater Evil, as was foretold in multi-part Hollywood hit movie, The Terminator. Maybe The Blockchain is itself “The Skynet” as was prophesied. No one knows. But, HURRY, INVEST NOW!


For color, background & verisimilitude…



In IEEE Spectrum

Previously filled.

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