Beyond Crypto Currencies, Blockchain Is Poised To Improve Efficiency in the Global Financial Markets in 2020 | David Walsh, Bronxville NY
Bronxville native David Walsh Over the past several years, a lot has been written about blockchain’s potential to solve a myriad of challenges, from simplifying money transfers, to securing digital voting, to dramatically easing supply chain management, to locking in land title transfers. One of the most compelling use cases for this technology in 2 0 20 is how it will change capital markets. We caught up with David Walsh of Bronxville NY , an Internet entrepreneur whose company IXnet build the world’s first financial extranet in the late 1990’s, connecting thousands of banks, market data providers, exchanges, alternative trading systems and more, and who today is disrupting again in the blockchain, distributed ledger and digital (or crypto) currency markets. “Twenty years ago, we helped the S.W.I.F.T. organization move from their X.25 global network to IP networking, which was represented a significant upgrade for them,” Walsh said, “And in 2019, most payments were still f...