{"id":17694,"date":"2016-11-14T11:24:33","date_gmt":"2016-11-14T19:24:33","guid":{"rendered":"http:\/\/www.altoros.com\/blog\/?p=17694"},"modified":"2020-02-20T01:19:13","modified_gmt":"2020-02-19T22:19:13","slug":"a-panel-blockchain-may-change-the-way-financial-orgs-operate","status":"publish","type":"post","link":"https:\/\/www.altoros.com\/blog\/a-panel-blockchain-may-change-the-way-financial-orgs-operate\/","title":{"rendered":"A Panel: Blockchain May Change the Way Financial Orgs Operate"},"content":{"rendered":"<p>A recent <a href=\"https:\/\/www.meetup.com\/Hyperledger-Zurich\/events\/229742454\/\" target=\"_blank\" rel=\"noopener noreferrer\">Hyperledger meetup<\/a> in Zurich included a panel discussing the current state of blockchain in the finance industry. The speakers consisted of UBS&#8217;s <a href=\"https:\/\/www.linkedin.com\/in\/peterivankay\/en\" target=\"_blank\" rel=\"noopener noreferrer\">Peter Ivankay<\/a>, Capco&#8217;s <a href=\"https:\/\/www.linkedin.com\/in\/abderrahmane\" target=\"_blank\" rel=\"noopener noreferrer\">Nourdine Abderrahmane<\/a>, and Credit Suisse&#8217;s <a href=\"https:\/\/www.linkedin.com\/in\/martinploom\" target=\"_blank\" rel=\"noopener noreferrer\">Martin Ploom<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.altoros.com\/blog\/a-panel-blockchain-may-change-the-way-financial-orgs-operate\/#Three_blockchain_perspectives\" >Three blockchain perspectives<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.altoros.com\/blog\/a-panel-blockchain-may-change-the-way-financial-orgs-operate\/#A_change_in_the_business_models\" >A change in the business models<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.altoros.com\/blog\/a-panel-blockchain-may-change-the-way-financial-orgs-operate\/#How_to_calculate_savings\" >How to calculate savings?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.altoros.com\/blog\/a-panel-blockchain-may-change-the-way-financial-orgs-operate\/#Want_details_Watch_the_video\" >Want details? Watch the video!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.altoros.com\/blog\/a-panel-blockchain-may-change-the-way-financial-orgs-operate\/#Related_discussion\" >Related discussion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.altoros.com\/blog\/a-panel-blockchain-may-change-the-way-financial-orgs-operate\/#Further_reading\" >Further reading<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.altoros.com\/blog\/a-panel-blockchain-may-change-the-way-financial-orgs-operate\/#About_the_experts\" >About the experts<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Three_blockchain_perspectives\"><\/span>Three blockchain perspectives<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>During the event, Peter mentioned three points of views for assessing whether a particular problem warranted a blockchain solution.<\/p>\n<ul>\n<li><strong>Business view.<\/strong> Do we act as intermediaries? Is there more than one party?<\/li>\n<li><strong>Technical view.<\/strong> Does the throughput need to be big? Do we need low latency?<\/li>\n<li><strong>Regulatory view.<\/strong> Does the regulator have to be able to look at the transactions? Does it have to be immutable?<\/li>\n<\/ul>\n<p>However, Peter is concerned that some people &#8220;try to find use cases for the blockchain technology and not the other way around.&#8221;<\/p>\n<p><a href=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2016\/11\/Hyperledger-Blockchain-Finance-Martin-Ploom-Peter-Ivankay-Nourdine-Abderrahmane-1.jpg\"><img decoding=\"async\" src=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2016\/11\/Hyperledger-Blockchain-Finance-Martin-Ploom-Peter-Ivankay-Nourdine-Abderrahmane-1.jpg\" alt=\"Hyperledger Blockchain Finance Martin Ploom Peter Ivankay Nourdine Abderrahmane 1\" width=\"640\" class=\"aligncenter size-full wp-image-17715\" \/><\/a><\/p>\n<p>Nourdine emphasized the required key features that would make blockchain a suitable solution:<\/p>\n<ul>\n<li>Immutability<\/li>\n<li>Lack of trust<\/li>\n<li>Decentralized and distributed database approach<\/li>\n<\/ul>\n<p>If your business has any pain points where these key features of blockchain can help to solve the issue, then it&#8217;s &#8220;worth exploring.&#8221; If not, then you&#8217;re &#8220;better off taking a different solution,&#8221; said Nourdine.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"A_change_in_the_business_models\"><\/span>A change in the business models<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Nourdine noted that blockchain is already affecting markets, where there is a high level of intermediation, such as stock exchanges. They fear being left out because of a dated business model.<\/p>\n<p>&#8220;You don&#8217;t use a central clearing system and pay fees for that, because you like it so much and it provides the best service but because there is no alternative,&#8221; he said. &#8220;Whenever you find alternative ways to settle your payments, you will look into this.&#8221;<\/p>\n<p><a href=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2016\/11\/Hyperledger-Blockchain-Finance-Martin-Ploom-Peter-Ivankay-Nourdine-Abderrahmane-3.jpg\"><img decoding=\"async\" src=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2016\/11\/Hyperledger-Blockchain-Finance-Martin-Ploom-Peter-Ivankay-Nourdine-Abderrahmane-3.jpg\" alt=\"Hyperledger Blockchain Finance Martin Ploom Peter Ivankay Nourdine Abderrahmane 3\" width=\"640\" class=\"aligncenter size-full wp-image-17714\" \/><\/a><\/p>\n<p>Peter mentioned that in wealth management, clients are charged based on the number of assets they have under management. In a blockchain system, that&#8217;s not going to work, since it implies a very different business model.<\/p>\n<blockquote><p><em>&#8220;It opens the opportunity where we can charge based on the advice that we give or the research that we do.&#8221; \u2014Peter Ivankay, UBS<\/em><\/p><\/blockquote>\n<p>So, adopting blockchain may also mean a change in the way a financial institution operates, how it is charged, etc. Obviously, this may lead to some fears and resistance.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_to_calculate_savings\"><\/span>How to calculate savings?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Peter joked about people&#8217;s fear around blockchain and it&#8217;s either seen as a disruptive force or an opportunity to prepare for.<\/p>\n<blockquote><p><em>&#8220;You just say blockchain and you get money thrown at you.&#8221; \u2014Peter Ivankay, UBS<\/em><\/p><\/blockquote>\n<p>With everything we currently know about blockchain\u2014its potential to <a href=\"https:\/\/www.altoros.com\/blog\/blockchain-to-reduce-intermediaries-in-many-industries-outside-finance\/\" target=\"_blank\" rel=\"noopener noreferrer\">reduce monopolies<\/a>, <a href=\"https:\/\/www.altoros.com\/blog\/ibm-engineers-blockchain-can-streamline-international-trade\/\" target=\"_blank\" rel=\"noopener noreferrer\">streamline international trade<\/a>, and <a href=\"https:\/\/www.altoros.com\/blog\/the-difference-with-blockchain\/\" target=\"_blank\" rel=\"noopener noreferrer\">make a difference<\/a> in any business network\u2014is having a blockchain always better and cheaper?<\/p>\n<p><a href=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2016\/11\/Hyperledger-Blockchain-Finance-Martin-Ploom-Peter-Ivankay-Nourdine-Abderrahmane-2.jpg\"><img decoding=\"async\" src=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2016\/11\/Hyperledger-Blockchain-Finance-Martin-Ploom-Peter-Ivankay-Nourdine-Abderrahmane-2.jpg\" alt=\"Hyperledger Blockchain Finance Martin Ploom Peter Ivankay Nourdine Abderrahmane 2\" width=\"640\" class=\"aligncenter size-full wp-image-17716\" \/><\/a><\/p>\n<p>Right now, it&#8217;s difficult to put an exact quantitative cost reduction with blockchain implementation, but there are already instances where we can see qualitative cost reduction. Blockchain is about streamlining and in finance where <a href=\"https:\/\/www.investopedia.com\/ask\/answers\/what-do-t1-t2-and-t3-mean\/\" target=\"_blank\" rel=\"noopener noreferrer\">T+3 and T+2<\/a> is the norm, being able to shrink processing time to minutes brings a lot of value in terms of savings in manpower, time, and risks.<\/p>\n<blockquote><p><em>&#8220;You need to know the business case in order to identify the money you can save. The qualitative potential of cost saving is huge, quantitative I couldn&#8217;t say.&#8221; \u2014Nourdine Abderrahmane, Capco<\/em><\/p><\/blockquote>\n<p>In trade finance, there are cases wherein reconciliation between parties take multiple days. Blockchain&#8217;s consensus and immutability address this problem.<\/p>\n<blockquote><p><em>&#8220;Most of the time is being spent just with reconciling with other parties on what is the truth.&#8221;<br \/>\n\u2014Nourdine Abderrahmane, Capco<\/em><\/p><\/blockquote>\n<p>If we use these examples, it&#8217;s all about looking at the business model, finding the processes that are streamlined, then deriving the formula for cost saved. Nevertheless, in reality, it&#8217;s far more complicated, of course.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Want_details_Watch_the_video\"><\/span>Want details? Watch the video!<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table width=\"100%\">\n<tbody>\n<tr>\n<td class=\"video-details-td\">\n<div style=\"float: right; width: 45%; padding-left: 15px; font-size: 14px;\">\n<p><strong>Table of contents<\/strong><\/p>\n<ol>\n<li style=\"margin-bottom: 8px;\">What makes you excited about blockchain? (<a href=\"#wistia_i5q8nquiva?time=200\">3&#8217;20&#8221;<\/a>)<\/li>\n<li style=\"margin-bottom: 8px;\">What&#8217;s the criteria in picking blockchain? (<a href=\"#wistia_i5q8nquiva?time=405\">6&#8217;45&#8221;<\/a>)<\/li>\n<li style=\"margin-bottom: 8px;\">Are there cases where blockchain wasn&#8217;t the answer? (<a href=\"#wistia_i5q8nquiva?time=725\">12&#8217;05&#8221;<\/a>)<\/li>\n<li style=\"margin-bottom: 8px;\">How can you estimate the economic value of using blockchain? (<a href=\"#wistia_i5q8nquiva?time=1165\">19&#8217;25&#8221;<\/a>)<\/li>\n<li style=\"margin-bottom: 8px;\">What use cases are you most passionate about? (<a href=\"#wistia_i5q8nquiva?time=1885\">31&#8217;25&#8221;<\/a>)<\/li>\n<li style=\"margin-bottom: 8px;\">Q&#038;A. Are there particular use cases where blockchain has been implemented? (<a href=\"#wistia_i5q8nquiva?time=2254\">37&#8217;34&#8221;<\/a>)<\/li>\n<\/ol>\n<\/div>\n<p><script charset=\"ISO-8859-1\" src=\"\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async><\/script><\/p>\n<div class=\"wistia_embed wistia_async_i5q8nquiva\" style=\"height:320px;width:440px\">&nbsp;<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Related_discussion\"><\/span>Related discussion<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>There was another panel in the meetup, which included  IBM&#8217;s <a href=\"https:\/\/www.linkedin.com\/in\/elli-androulaki-3a32a54\" target=\"_blank\" rel=\"noopener noreferrer\">Elli Androulaki<\/a> and <a href=\"https:\/\/www.linkedin.com\/in\/angelo-de-caro-7954625\" target=\"_blank\" rel=\"noopener noreferrer\">Angelo De Caro<\/a> and ETH Zurich&#8217;s <a href=\"https:\/\/www.linkedin.com\/in\/beinnovative\/en\" target=\"_blank\" rel=\"noopener noreferrer\">Stefan Klauser<\/a>. Here, they highlighted a few challenges to the development of blockchain\u2014community, trust, regulations, and governance.<\/p>\n<p><center class=\"westia-block\"><script src=\"\/\/fast.wistia.com\/embed\/medias\/jd0vij3r1d.jsonp\" async><\/script><script src=\"\/\/fast.wistia.com\/assets\/external\/E-v1.js\" async><\/script><\/p>\n<div class=\"wistia_embed wistia_async_jd0vij3r1d\" style=\"height:360px;width:640px\">&nbsp;<\/div>\n<p><\/center><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Further_reading\"><\/span>Further reading<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><a href=\"https:\/\/www.altoros.com\/blog\/a-panel-cooperation-is-key-for-blockchain-development-in-finance\/\">A Panel: Cooperation Is Key for Blockchain Development in Finance<\/a><\/li>\n<li><a href=\"https:\/\/www.altoros.com\/blog\/a-panel-how-soon-will-we-see-blockchain-in-finance\/\">A Panel: How Soon Will We See Blockchain in Finance?<\/a><\/li>\n<li><a href=\"https:\/\/www.altoros.com\/blog\/opinion-the-impact-blockchain-can-bring-upon-finance-and-banking-and-how-it-may-happen\/\">Opinion: The Impact Blockchain Can Bring upon Finance and Banking and How It May Happen<\/a><\/li>\n<li><a href=\"https:\/\/www.altoros.com\/blog\/managing-risk-and-building-trust-for-blockchain-in-finance\/\">Managing Risk and Building Trust for Blockchain in Finance<\/a><\/li>\n<\/ul>\n<hr>\n<h3><span class=\"ez-toc-section\" id=\"About_the_experts\"><\/span>About the experts<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div>\n<div style=\"float: right;\"><a href=\"https:\/\/www.linkedin.com\/in\/martinploom\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2016\/11\/Martin-Ploom-Credit-Suisse-bio.png\" alt=\"Martin Ploom, Credit Suisse bio\" width=\"150\" height=\"150\" class=\"aligncenter size-full wp-image-17719\" \/><\/a><\/div>\n<div style=\"width: 600px;\"><small><a href=\"https:\/\/www.linkedin.com\/in\/martinploom\">Martin Ploom<\/a> is Senior Business Project Manager and VP at Credit Suisse, a global financial services company providing Private Banking &#038; Wealth Management services, and Investment Banking services and expertise, to companies, institutions and high-net-worth clients. Martin is delivers strategy projects, implementation projects, pre-studies, and process change projects. He has 15 years of experience in international project management, 8 years in financial sector, 3 years in insurance sector, and 4 years in a startup company.<\/small><\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<div>\n<div style=\"float: right;\"><a href=\"https:\/\/www.linkedin.com\/in\/abderrahmane\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2016\/11\/Nourdine-Abderrahmane-Capco-bio.png\" alt=\"Nourdine Abderrahmane, Capco bio\" width=\"150\" height=\"150\" class=\"aligncenter size-full wp-image-17720\" \/><\/a><\/div>\n<div style=\"width: 600px;\"><small><a href=\"https:\/\/www.linkedin.com\/in\/abderrahmane\">Nourdine Abderrahmane<\/a> is Principal Consultant at Capco, a global management consultancy with a focus in financial services including banking and payments, capital markets, and wealth and asset management. Nourdine leads a number of business topics and client relationships on Swiss blockchain practice at Capco. Nourdine&#8217;s experience includes working for Credit Suisse, Accenture, and UBS Investment Bank.<\/small><\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<div>\n<div style=\"float: right;\"><a href=\"https:\/\/www.linkedin.com\/in\/peterivankay\/en\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2016\/11\/Peter-Ivankay-UBS-bio.png\" alt=\"Peter Ivankay, UBS bio\" width=\"150\" height=\"150\" class=\"aligncenter size-full wp-image-17721\" \/><\/a><\/div>\n<div style=\"width: 600px;\"><small><a href=\"https:\/\/www.linkedin.com\/in\/peterivankay\/en\">Peter Ivankay<\/a> is Innovation Project Manager at UBS. Peter is involved in ideation, incubation, and acceleration within wealth management. He has special expertise in blockchain, personal identity, natural language generation, and a number of other areas. Before joining UBS as transformational innovator, Peter worked as M&#038;A advisory intern at Deloitte, corporate finance analyst at KBC Securities, and real estate finance and risk management intern at UniCredit.<\/small><\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<div>\n<div style=\"float: right;\"><a href=\"https:\/\/www.linkedin.com\/in\/chawkes\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2016\/11\/Chris-Hawkes-Sapient-Global-Markets.png\" alt=\"Chris Hawkes, Sapient Global Markets\" width=\"150\" height=\"150\" class=\"aligncenter size-full wp-image-17755\" \/><\/a><\/div>\n<div style=\"width: 600px;\"><small><a href=\"https:\/\/www.linkedin.com\/in\/chawkes\">Chris Hawkes<\/a> is Director at Sapient Global Markets. He has management experience across multiple countries, clients, and industries with responsibility for multi-million euro projects. Chris specializes in account management, large program management, portfolio delivery management, management consulting, pre-sales, IT strategy, offshoring, outsourcing, and risk management.<\/small><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A recent Hyperledger meetup in Zurich included a panel discussing the current state of blockchain in the finance industry. The speakers consisted of UBS&#8217;s Peter Ivankay, Capco&#8217;s Nourdine Abderrahmane, and Credit Suisse&#8217;s Martin Ploom.<\/p>\n<p>&nbsp;<\/p>\n<p>Three blockchain perspectives<\/p>\n<p>During the event, Peter mentioned three points of views for assessing whether a particular problem [&#8230;]<\/p>\n","protected":false},"author":32,"featured_media":17718,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[7],"tags":[672,972,753],"class_list":["post-17694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-opinion","tag-blockchain","tag-finance","tag-hyperledger"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A Panel: Blockchain May Change the Way Financial Orgs Operate | Altoros<\/title>\n<meta name=\"description\" content=\"While there have been many discussions about blockchain in finance, it&#039;s still unclear how much one can save and how the business models will evolve.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.altoros.com\/blog\/a-panel-blockchain-may-change-the-way-financial-orgs-operate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Panel: Blockchain May Change the Way Financial Orgs Operate | Altoros\" \/>\n<meta property=\"og:description\" content=\"A recent Hyperledger meetup in Zurich included a panel discussing the current state of blockchain in the finance industry. The speakers consisted of UBS&#8217;s Peter Ivankay, Capco&#8217;s Nourdine Abderrahmane, and Credit Suisse&#8217;s Martin Ploom. &nbsp; Three blockchain perspectives During the event, Peter mentioned three points of views for assessing whether a particular problem [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.altoros.com\/blog\/a-panel-blockchain-may-change-the-way-financial-orgs-operate\/\" \/>\n<meta property=\"og:site_name\" content=\"Altoros\" \/>\n<meta property=\"article:published_time\" content=\"2016-11-14T19:24:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-02-19T22:19:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.altoros.com\/blog\/wp-content\/uploads\/2016\/11\/Hyperledger-Blockchain-Finance-Martin-Ploom-Peter-Ivankay-Nourdine-Abderrahmane-feat.gif\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"360\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/gif\" \/>\n<meta name=\"author\" content=\"Carlo Gutierrez\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Carlo Gutierrez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.altoros.com\\\/blog\\\/a-panel-blockchain-may-change-the-way-financial-orgs-operate\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.altoros.com\\\/blog\\\/a-panel-blockchain-may-change-the-way-financial-orgs-operate\\\/\"},\"author\":{\"name\":\"Carlo Gutierrez\",\"@id\":\"https:\\\/\\\/www.altoros.com\\\/blog\\\/#\\\/schema\\\/person\\\/833e109f77de753b2b472dca0236b442\"},\"headline\":\"A Panel: Blockchain May Change the Way Financial Orgs 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