Block Chain and UCX

Written October 31, 2016 by
Jack Bouroudjian
Chief Economist

In a recent article titled, “How the Blockchain Could Change Corporate Structure”, the WSJ pointed out the disruption which block chain technology will have on the financial world. It’s only the ‘Tip of the Iceberg’!

At UCX, we too believe that centralized companies will be unnecessary with block Chain value transfer, but the need for centralized price discovery becomes even more apparent.  If the thesis of the WSJ article is correct, then the need for compute processing power will grow to levels never imagined: Along with the associated costs.  The need to control costs and manage risk in a digital world will become a necessity in a few short years, and UCX will be there with products and services which will fill the void.

UCX is in the process of exploring the use of block chain technology for the purposes of settlement and clearing of transacted contracts.  We at UCX believe, as do our friends at the WSJ, that block chain will not only disrupt the financial world but change the face of financial services forever.  UCX is prepared to be layered into that changing landscape.