“Rather than to stay at the margins of the finance industry blockchain will become the beating heart of it” — Giancarlo Bruno
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Giancarlo Bruno, the head of finance at the World Economic Forum, blockchain technology will become central to global financial services in the future, rather than remaining on the margins. Bruno believes that blockchain will take on a core, controlling role similar to the way a heart controls the pulse of the body.
By using distributed ledger and cryptography techniques, blockchain aims to make financial record-keeping more secure, transparent and decentralized. Many see it as a way to reduce costs and improve transparency in areas like payments, currency exchanges and digital asset transactions.