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Bank of America’s chief of operations and technology is bearish on blockchain

Cathy Bessant doesn’t see the use case for distributed ledger technology, but new research predicts blockchain investment growing to $41 billion over six years

March 26, 2019 /

Despite overseeing technology at the bank with more blockchain patents than any other, Bank of America’s Chief Operations and Technology Officer Cathy Bessant is “bearish” on the technology, she told CNBC on March 26.

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Leo Jakobson