New technology always means new ways of doing things. In the case of the blockchain, once it gets the legal recognition it needs, it would change the way stock market trading is done on a worldwide basis.
It's still in its infancy, but it's currently revolutionizing the way stock market trading is done through its different applications in monetary systems. Blockchain has already created a wave in different applications-it's already shown how it is more volatile than most markets. It could also create a new revolution in making new markets through financial data stored in blocks.
Blockchain, currently, isn't taken as seriously as general currency. There are people who think that this cryptocurrency is just something cute and trivial. However, there is the case of blockchain being a more effective form of trading in different markets and with different people.
Forbes' analysis of blockchain indicates that there is something in developing this technology. Trading, as it is, is currently in a traditional speed-the speed of banking is currently cumbersome because of requirements and regulations to follow. With blockchain, processes that are currently bogged down by red tape and inefficiency could be done as fast as people click on a button.
There are those who, per Hackermoon, look at blockchain as something indecisive. However, these people only need to be convinced otherwise of the efficiency of blockchain as a tool in trading. It is seen as a disruptor of trading and the future by some like Eric Reis, the author of 'The Lean Startup', who plan to show how effective the technology is by practicing what he preaches.
There are several other ways how blockchain can become practical-through profiting from it, by owning a Bitcoin, or through creating entire teams of miners. These almost mimics the way companies and corporations earn from businesses, deals, and through hiring people to do work for them.
The stock isn't the only profitable venture blockchain can disrupt. There are other activities, like financing and asset management, that could eventually be replaced with a faster technology like blockchain.
The best way blockchain could be utilized is to show practical and legal applications where it could become a major player. If blockchain continues to be used in this way, global trading's processes may change-and blockchain may be its future.
