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REVIEW THESE INFORMATIVE ARTICLES FROM 2016 – AND READ THOSE THAT INTEREST YOU

Barclays Bank facilitate first trade using blockchain technology (Blockchain/Trade Finance - 2016-09 - InternationalMan)

On September 7, 2016, Barclays facilitated a $100,000 trade of cheese and butter between Irish food company Ornua and the Seychelles Trading Company, which took less than 4 hours (compared to the current average of 10 days).

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Bank Of America to fire 8,000 (AI/Banking - 2016-06 - Zerohedge.com)

Bank of America firing 8,000 in 2016, adding to 10,000 in 2015, and more than 68,400 since 2009, also reducing branches by 1,400. Cause is digital banking reducing the need for “back office staff” and bank tellers.

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Technology reduces stocktraders by 98% (AI/Stock Trading - 2015-12 - Business Insider)

In 2000, Goldman Sachs had 600 traders in New York City making markets in US stocks. Today, that number is less than 10.

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