{"id":16606,"date":"2017-01-17T20:22:55","date_gmt":"2017-01-18T02:22:55","guid":{"rendered":"http:\/\/bucktownbell.com\/?p=16606"},"modified":"2017-01-17T20:24:35","modified_gmt":"2017-01-18T02:24:35","slug":"blockchain-tech-could-save-banks-12-billion-a-year","status":"publish","type":"post","link":"http:\/\/bucktownbell.com\/?p=16606","title":{"rendered":"Blockchain Tech Could Save Banks $12 Billion A Year"},"content":{"rendered":"<blockquote><p>By replacing independent, fragmented databases with a distributed system, banks can reduce data reconciliation costs while also improving data quality and ensuring data security.<\/p><\/blockquote>\n<p>Source: <em><a href=\"http:\/\/www.silicon.co.uk\/e-enterprise\/blockchain-tech-save-banks-203284\">Blockchain Tech Could Save Banks $12 Billion A Year<\/a><\/em><\/p>\n<blockquote><p>\nIt has become increasingly obvious in recent months that blockchain will be key to the <a href=\"http:\/\/www.silicon.co.uk\/e-innovation\/bitcoin-blockchain-and-beyond-191861\" target=\"_blank\">future of the banking industry<\/a>, with the majority of banks <a href=\"http:\/\/www.silicon.co.uk\/e-marketing\/epayment\/banks-adopt-blockchain-study-198424\" target=\"_blank\">expected to adopt the technology<\/a> within the next three years.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>By replacing independent, fragmented databases with a distributed system, banks can reduce data reconciliation costs while also improving data quality and ensuring data security. Source: Blockchain Tech Could Save Banks $12 Billion A Year It has become increasingly obvious in &hellip; <a href=\"http:\/\/bucktownbell.com\/?p=16606\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[1380,1389,156,361],"class_list":["post-16606","post","type-post","status-publish","format-standard","hentry","category-technical","tag-banking","tag-blockchains","tag-databases","tag-distributed-computing"],"_links":{"self":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/16606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16606"}],"version-history":[{"count":2,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/16606\/revisions"}],"predecessor-version":[{"id":16608,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/16606\/revisions\/16608"}],"wp:attachment":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16606"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}