29 Sep '17, 7pm

Wall Street Firms to Move Trillions to Blockchains in 2018

However, the first cryptocurrency exchanges and digital wallets were riddled with vulnerabilities, and the underlying public blockchains were difficult to scale up. Then in 2016 there was a high-profile $60 million heist at the DAO , an autonomous investment fund that ran on smart contracts placed atop Ethereum, the public blockchain for ethers, a cryptocurrency rival to bitcoins. The funds were recovered, but it was a painful reminder that blockchains and their accoutrements are still written by humans, who inevitably make errors in their code.

Full article: https://spectrum.ieee.org/telecom/internet/wall-street-fi...

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