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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen	6/14/2017 9:31:30 AM
	of 1084

Blockchain’s Got No ‘Killer App’ Yet, Says Morgan Stanley, Even as Bitcoin Soars Morgan Stanley writes that Blockchain, the technology for an open, verifiable general ledger, is still in a "proof of concept" phase, and it may be several years before it is used in everyday practice for financial settlements. They see incumbents such as UBS and BNY Mellon having an early advantage in testing the technology. The reason for the soaring value of Bitcoin and other crypto-currencies is less clear, they write. barrons.com

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