BlackRock CIO says ‘Bitcoin will take the place of gold to a large extent’

Bitcoin’s network effect has forced traditional financiers to change their tune on the digital currency. A senior executive at BlockRock, the world’s largest asset manager, admits that Bitcoin (BTC) has become a permanent fixture in the global financial system, offering yet another tangible sign that the narrative surrounding digital currency has changed.  Rick Rieder, BlackRock’s […]

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World Economic Forum calls blockchain key to sustainable digital finance

A new WEF report touts blockchain technology as a cornerstone of environmental sustainability. The World Economic Forum (WEF) believes blockchain represents a core element of sustainable digital finance — a new paradigm that combines emerging technology with environmentally-conscious business models. In a new report published Wednesday, UBS executive Karin Oertli lists blockchain technology along with […]

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