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Blockchain to cut investment bank costs by 30 percent

Blockchain to cut investment bank costs by 30 percent

Blockchain technology could reduce infrastructure costs for eight of the world’s ten largest investment banks by an average of 30 percent, or $8-12 billion annually, according to a new report by Accenture. Investment banks are currently maintaining their own independent databases of transactions, customer information and other reference data. To complete any transaction, they need [...]

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