An article in the Wall Street Journal on blockchain notes: The technology could cut $20 billion in

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An article in the Wall Street Journal on blockchain notes: “The technology could cut $20 billion in annual costs in global banking.” What is blockchain technology, and how would it reduce the costs of banking?

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Money, Banking, and the Financial System

ISBN: 978-0134524061

3rd edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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Question Posted: Dec 31, 2018 11:42 AM

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An article in the Wall Street Journal on blockchain notes: The technology could cut $20 billion in

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Blockchain technology refers to an online network that can register ownership of fu...View the full answer

Money, Banking, and the Financial System

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