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![]() According to the Chief Investment Officer of Deutsche Bank, Blockchain technology could be a major shift in how companies conduct their business. ![]() 11.Dec.17 1:17 PM By Daria Zaytseva Photo Toinnov.com |
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In a presentation this month, Christian Nolting, also head of the bank's global wealth, and Marcus Muller, global head of the CIO office, explained how digital currencies and blockchains work and predicted where they would go in the future.
The bankers predicted that approximately 10% of the global gross domestic product (GDP) would be monitored or otherwise "regulated" by a blockchain by 2027. The potential for hard forks creating new currencies is also a potential cause for concern, as this could lead to inflation, the statement said. |