Bank of America CTO Catherine Bessant: I’m Privately Bearish on Blockchain

Cointelegraph

Published Mar 26, 2019 08:44AM ET

Updated Mar 26, 2019 09:04AM ET

Bank of America CTO Catherine Bessant: I’m Privately Bearish on Blockchain

A senior executive at Bank of America (NYSE:BAC) (BoA) is not bullish on blockchain despite the bank holding more patents than any other finance firm, CNBC reported on March 26.

Speaking to the publication in an interview, chief technology officer Catherine Bessant said that even though the bank’s official stance on the technology was palpably buoyant, her personal views were quite different.

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