Contemplating Blockchain, Banks Have Choices – None of Them Easy


Cryptocurrency comes with a ton of jargon. The sector is awash in abbreviations. Take, for example, “FOMO.” That’s the fear of missing out. And it is not to be confused with “FUD” (fear/uncertainty/doubt), often used as a catch-all to explain any given drop in the price of Bitcoin. These phrases also come to mind when it comes to small- and medium-sized banks as they explore blockchain technology.