Shaping Tomorrow believes that the financial services industry will be dominated by blockchain technology. The possible development of a traceable global currency complete with an efficient infrastructure would result in massive cost reduction for all market participants and transform global banking. This would become a reality if central banks recognize digital currencies.
Experts are finding new frontiers of blockchain technology innovation, adding to the well-known applications in financial services sector and cryptocurrencies like Bitcoin and Ethereum. This article discusses some of these future frontiers.