American - Businesswoman | March 22, 1969 -
Blockchain technology, or distributed ledger technology, is just a way of using the modern sciences of encryption to enable entities to share a common infrastructure for database retention.
Blythe Masters
TechnologyWayBlockchainModern
I had seen the financial crisis unfold, and I had seen the credit derivatives market get operationally ahead of itself, which resulted in systemic risk counterparty exposures. I began to believe that distributed ledgers had the capability to tackle that problem.
BelieveFinancialProblemCredit
Blockchain technology represents a generational opportunity to mutualize database infrastructure across entities within financial services. What that translates into is an enormous cost-saving, risk-reducing, and capital-enhancing opportunity.
TechnologyOpportunityFinancial
I have a quantitative background, but really, derivatives appealed to me because they require so much creativity.
CreativityMeQuantitativeBecause
It was amazing feeling to be able to be involved in invention, but not just invention - the creating of a marketplace that had real value to add.
ValueAmazingFeelingCreatingReal
In financial services, the front end of the world operates at super-high speeds: comparative advantages are measured in fractions of nanoseconds. And yet back end processes - the amount of time you have to wait when you sell a stock before cash hits your account - can take days.
TimeWaitWorldFinancialEndYou
The blockchain is the financial challenge of our time. It is going to change the way that our financial world operates.
ChangeTimeChallengeWorldWayOur
I think the most important thing to understand about credit derivatives and their use at JPMorgan is they served a number of different purposes. First and foremost, they were a tool which initially was seen as being useful in managing the bank's own risk management challenges.
ChallengesManagementThinkCredit
In bypassing barriers between different classes, maturities, rating categories, debt seniority levels and so on, credit derivatives are creating enormous opportunities to exploit and profit from associated discontinuities in the pricing of credit risk.
OpportunitiesCreditProfitCreating
If you think about any multiparty process where shared information is necessary to the completion of transactions, and the coordination of activity and the exchange of value, that's where blockchain technology can be put to good use.
GoodTechnologyValueThinkProcess
It is noticeable how many times you see a panel at a conference made up of all men or look into the audience and see very few women, whether it is an event focused on technology or business.
WomenBusinessTechnologyMenLook
A credit derivative, at its core, is actually a very simple concept... The simplest way to think of a credit derivative is it is analogous to insurance against the risk of a credit default by your counterparty, your business counterpart.
BusinessSimpleThinkInsuranceWay
Copyright © 2024 QuotesDict Blythe Masters quotes