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Bitcoin is Digital Gold, Blockchain Can Change the World, Says Fidelity Labs SVP

Bitcoin is Digital Gold, Blockchain Can Change the World, Says Fidelity Labs SVP
These comments from Fidelity come at a time when Fidelity Investments announced last week that it would allow its clients to view their bitcoin and ethereum holdings on Coinbase.

Blockchain-Based Tools

Back in May, the company’s CEO, Abigail Johnson, said that it was testing a Coinbase integration with its employees and that the service would be introduced in the second or third quarter of 2017. Now, in a rare move from a financial establishment, Fidelity Investments are embracing the world of digital currencies to learn more about it instead of shying away from it.

Unlike most financial service institutions Fidelity Investments has taken a more open approach to the space. So much so, that in April it was reported that the financial service provider had joined the Initiative for Cryptocurrencies and Contracts (IC3), a research group mainly...
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