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Banking on the Blockchain

In the NZZ, Axel Lehmann offers his views on the prospects of blockchain technologies in banking. Lehmann is Group Chief Operating Officer of UBS Group AG. New possibilities: Higher efficiency; lower cost; more robustness and simpler processes; real-time clearing; no need for intermediaries; information exchange without risk of interference automated “smart contracts;” automated wealth management; more control over transactions; better data protection; improved possibilities for macro...

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