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Odd Lots

Why Blockchain May Never Benefit Corporations

Odd Lots

Bloomberg

News, Investing, Business, News Commentary, Business News

4.41.6K Ratings

🗓️ 19 November 2018

⏱️ 37 minutes

🧾️ Download transcript

Summary

For years, a common mantra among corporate executives has been that "the blockchain," the technology underlying Bitcoin and other cryptocurrencies, is where the real value lies in the future. But on this week's episode of Odd Lots, we speak to Angus Champion de Crespigny, who formerly advised companies on how to use blockchain technology. He now believes that ultimately it won't get them anywhere.

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Transcript

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0:00.0

Thought Creators, the Podcast for Financial Experts, brought to you by FAB.

0:08.0

My guest today is Sarah Piersada Osmani, head of Sustainable Asset and Project Finance at

0:13.4

FAB.

0:14.4

FAB has committed to lend, arrange and facilitate up to US dollar 75 billion of

0:20.2

sustainable finance by 2030.

0:23.0

Thought Creators, the podcast for financial experts brought to you by FAB.

0:30.0

To me, context is about pattern recognition.

0:32.8

It's connecting the dots.

0:34.4

It's giving readers an ability to synthesize

0:37.6

a number of different perspectives

0:39.2

so they can understand how the greater whole works,

0:42.0

because nothing really occurs in isolation anymore.

0:44.4

I'm Tim O'Brien and I'm the senior executive editor at Bloomberg Opinion.

0:48.1

On our platform, we ask tough questions and solve complex problems with the facts in mind.

0:53.0

Start exploring our opinion coverage and more at Bloomberg.com slash subscribe. Hello and welcome to another episode of the OddLobs Podcast. I'm Tracy Allaway.

1:15.0

So Tracy Allaway.

1:18.0

So Tracy, you know one way that this year, actually this month in particular is very different

1:25.8

than this same month last year. Wait it's the month of November so November versus October?

1:34.2

No, no, no, no.

1:35.2

November 2018 versus November 2017.

1:38.6

Oh, I know.

1:41.8

It has to be Bitcoin, surely. Right? Everyone was obsessed with Bitcoin late last year.

...

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