Blockchain technology appears to be picking up steam in a multitude of industries. Recently, it was announced that IBM has launched a new blockchain platform in conjunction with nine financial institutions. That is, beyond the cryptocurrency use cases, blockchain technology may be used by financial services industry to create blockhain applications, including know-your-customer processes, derivatives post-trade processing, and reconciliation and market data.According to Wikipedia, a blockchain is "a continuously growing list of records, called blocks, which are linked and secured ...
