Potential risks and rewards of blockchain

When one forgets the regulatory and security risks intertwined with cryptocurrencies, it is easy to see their allure. They enable payments that clear faster than with traditional assets, which is appealing to banks and consumers, and operate on some of the most cutting-edge technology on the market, which is good news for tech companies. The trick for financial services providers will be to balance excitement from a business and customer experience perspective with their consumer protection and safety and soundness obligations.