The previous two videos (part 3 and part 4) described the blockchain ideas from a technical point of view with the example of Bitcoin. This video lists some of the organisations that are actively working on platforms with ideas derived from blockchain concepts that can be of use to the financial industry.
- Post-trade processes: R3 which is a distributed ledger platform targeted at banks and specifically does not rely on a chain of blocks.
- Cross-border payments: Ripple.
- Smart contracts: Ethereum, the virtual machine / language / programming environment to write decentralised applications and smart contracts.
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