How will decentralised blockchain technology (as first used by bitcoin) help banks and other financial operations? This technology has everyone from Richard Branson to Glenn Stevens talking (in this case, on Branson’s private island Necker – pictured above).
The linked article provides a pretty decent explanation of what it’s about, also for the less technical among us. I personally don’t like bitcoin (for a number of reasons that are specifically related to bitcoin itself), the ideas in the underlying architecture are very nifty indeed.