How are current financial institutions participating/threatened by the technology? What are their responses?

Future Impact of Digital Currencies on Financial Institutions

Research blockchain and digital currencies and project the potential impact on financial markets and institutions in the future.

Specifically:

· Briefly present a history of the technology, functionality, and how the digital currency markets work today.

· How are current financial institutions participating/threatened by the technology? What are their responses?

· Review recent global financial events to determine the impact it has had on digital currency prices, specifically Bitcoin, and what the implications are for the future.

· Predict the most likely scenario, in your opinion, given what your research has shown you and support with evidence, and site sources.