This is a pivotal moment for blockchains.
The technology captured the banking industry's imagination throughout 2015 and 2016, as financial institutions and tech companies seized eagerly on the concept. Defined broadly, a blockchain is a distributed ledger a "shared source of truth" that is updated automatically, auditable in real time, relies on no single party and cannot be doctored. While it was originally developed as a core feature of the digital currency bitcoin, technologists have been exploring a wide range of applications. To many it holds out the promise of huge cost savings and new products and services.
This year the rubber meets the road, as some companies expect to bring their experiments out of the labs and into production. Early euphoria about blockchains potential to transform finance, commerce and even government has been tempered by hard questions about scalability and privacy. With so much in flux and so much at stake, its more important than ever to stay current on the fast-evolving blockchain landscape.
Join us at American Bankers fourth annual Blockchains + Digital Currencies conference in New York on June 13 in New York. Youll hear industry leaders from financial institutions and startups alike discuss the pros and cons of various use cases, the ever-changing regulatory challenges and the latest projects, ideas and developments. Youll learn whats been tried, whats worked, whats fizzled, what still shows promise and whats ahead for this frontier of fintech.
Its always a fascinating conference, and a great opportunity to network with like-minded colleagues in financial services and tech who ultimately want to make the industry better at serving customers.
Editor in Chief