California public servant retirement system, and in 2035 bitcoin investment vision

California public servant retirement system, and in 2035 bitcoin investment vision

California discloses the civil service retirement system (CalPERS), in the “2035 vision of future investment” conversation is discussed in the block chain investment, portrays the agency’s future vision plan. Project leader JesseMcWaters believes there are three important contributions to block chain technology: the consensus model, through the payment system of consensus patterns and smart contracts. The past two years, the development of block chain technology is very fast, suddenly, block chain appeared in the economist on the cover, also let every CEO of mouth.

In July 18, 2016, California discloses the civil service retirement system (CalPERS), in the “2035 vision of future investment” conversation is discussed in the block chain investment, portrays the agency’s future vision plan.

 

Block chain: future investment

The JesseMcWaters is responsible for the conversation, he is in charge of the project, and the block chain technology speech.

Before the start of the conversation, McWaters told a story to the audience, with the passage of time, the current financial services institutions involved is how to treat financial technology. More specifically, he detailed these institutions in a year of financial science and technology different attitudes. Initially, these financial institutions that science and technology is no threat, but a year later, a 180 degree change their attitude.

After a while, he changed the subject, a detailed description of the block chain technology investment. He talked for about financial technology, explains the shift block chain in the mentality of the people in the.

McWaters said:

“Two years ago, this topic only mathematicians, some economists and some diehards will talk about liberalism. Suddenly, the block chain appeared in the economist on the cover, also let every CEO of mouth.”

After the introduction, he said this is a wrong question, as an investor, ask how to operate the blockchain, somewhat ridiculous. He said, investors need to know is what to do with the blockchain.

The next speaker, what he considers is the three most important contributions to block chain technology: the consensus model, through the payment system of consensus patterns and smart contracts.

In addition, he explained in detail the block chain technology significance, such as to provide consensus, for investors transparent record principle.

To discuss the risk of McWaters block chain technology is mature after the end of his speech, then Q & A.

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