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Full-Text Articles in Law
Class Of 2018 Incoming Il Law Students, St. Mary's University School Of Law, St. Mary's University School Of Law
Class Of 2018 Incoming Il Law Students, St. Mary's University School Of Law, St. Mary's University School Of Law
Incoming 1L Photos (Facebooks)
Photographs of incoming law students for the St. Mary’s University School of Law, class of 2018
The Bitcoin Blockchain As Financial Market Infrastructure: A Consideration Of Operational Risk, Angela Walch
The Bitcoin Blockchain As Financial Market Infrastructure: A Consideration Of Operational Risk, Angela Walch
Faculty Articles
“Blockchain” is the word on the street these days, with every significant financial institution experimenting with this new technology. Many say that this remarkable innovation could radically transform our financial system, eliminating the costs and inefficiencies that plague our existing financial infrastructures. Venture capital investments are pouring into blockchain startups, which are scrambling to disrupt the “quadrillion” dollar markets represented by existing financial market infrastructures. A debate rages over whether public, “permissionless” blockchains (like Bitcoin’s) or private, “permissioned” blockchains are more desirable.
Amidst this flurry of innovation and investment, this paper inquires into the suitability of the Bitcoin blockchain to …