The blockchain revolution
Source: https://engineering.nyu.edu/news/blockchain-revolution Parent: https://engineering.nyu.edu/academics/departments/finance-and-risk-engineering
The blockchain revolution
Published:
June 6, 2024
From
Evolving Money podcast
Cryptocurrencies represent the evolution of payment systems, building on blockchain technology's secure, decentralized infrastructure. The shift from physical to digital transactions follows historical precedents like the New York Clearinghouse, where, as Adjunct Professor Roy Freedmanexplains, "They [bankers] basically would meet in a room and exchange paper according to certain protocols and tally up their ledgers."
Researchers
Roy Freedman
Retired Adjunct Professor