IDG Contributor Network: Why banks should stay well clear of blockchain
If the financial services industry is banking on blockchain as the basis for new service innovation, it will be sorely disappointed. Blockchain's design principles are completely at odds with those of the industry, and the technology is fraught with flaws that could be catastrophic for financial institutions.I’ll come on to why in a moment. Clearly, there is a lot of hype and momentum around blockchain. WANdisco sees this first hand: We’re increasingly being approached by banks that think this is the kind of thing we do (it isn’t). And why are they interested? Because senior directors and investors have heard the buzz and concluded that this is something they need—that if they don’t seize the opportunity, they’ll miss out. They’re wrong. Banks need blockchain like a hole in the head.To read this article in full or to leave a comment, please click here
By: Yogesh Ranade, Principal Director of Product Management We’re proud and excited to announce that SmartZone 3.5 Operating System (OS) is now available for our customers and partners. This latest release powers the industry’s highest-capacity controller portfolio, including our new SmartZone 300 (SZ300) high-scale control and management appliance. Check out our support site, and download the latest OS...