RATE Group | Company IT infrastructure struggling to keep up with cryptocurrency
48565
post-template-default,single,single-post,postid-48565,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Company IT infrastructure struggling to keep up with cryptocurrency

10 Nov Company IT infrastructure struggling to keep up with cryptocurrency

Posted at 01:35h in Cryptocurrency News by

[ad_1]

The rise of cryptocurrency means financial firms may have to replace much of their internal IT infrastructure.

That was one of the messages delivered at the ScotChain18 conference in Edinburgh this week which explored the effects that the rise of Blockchain will have on commerce. 


The not for profit event was hosted at RBS Gogarburn in Edinburgh on Thursday and was organised by data recruiter MBN Solutions and blockchain specialist Spiritus.


Jeremy Drane of crypto systems firm Libra said: “There’s an assumption by some companies  that their current infrastructure will accept  crypto and blockchain.


“The data is just so different that their systems can’t work with it.


“We have been educating customers in what are the minute differences between data structures that don’t allow your systems to work and that it is better to buy new than repurpose your old software.


“It is hard for people to accept that as new data structures come…

[ad_2]

Source link

Tags:
, , ,