The blockchain is often hailed for its immaculate security, its immutability, and the protection of its users’ identities. To uncover the true level of security, Igor discusses the mechanism itself, transaction validation and other criticisms.
The blockchain today seems to be a panacea, the solution to every industry’s trust problem. Igor expands on this idea and discusses seven areas that will be the drivers of operational savings.
While Bitcoin was the first cryptocurrency, it is not the only one. Igor outlines other major cryptocurrencies including Ethereum and Ripple, before commenting on the regulation of these types of currencies.
Bankers and non-bankers alike have become familiar with the terms cryptocurrencies and distributed ledgers. In this video, Igor explains some key concepts relating to blockchain including what it is, the difference between centralised and decentralised blockchains and smart contracts.
