Does Fintech Disruption Break The Investment Banking Model?
YoungUpstarts
OCTOBER 23, 2017
An early example occurred in 2010 when UBS Analyst Neil Currie accessed satellite imagery to monitor activity in Walmart parking lots, running the data thru a mathematical regression to translate it into customer activity for better earnings forecasts. DLT removes the middlemen by enlisting the network of users to verify transactions.
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