Moodys Threat of Blockchain and Cryptocurrencies Is Distant but Inevitable

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A report titled Consumer Digital Payments US, which was released on October 11 by Moodys analyst Stephen Sohn and team, reassures the payments sector that blockchain technology is a distant threat. Moodys thinks that blockchain technology is a disruptor and poses a potential long-term competitive threat to the payments sector. The group highlights a number of tech-enabled entrants that are transforming the electronic payments landscape in the U.S.Extract from the Moodys report Providers that

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