Winterflood Business Services: Beyond Bitcoin Hype, Can Blockchain Transform Financial Services?

Winterflood Business Services: Beyond Bitcoin Hype, Can Blockchain Transform Financial Services?

As Head of Product at Winterflood Business Services (WBS), Thomas Lowe is responsible for the proprietary dealing and custody platform, EOS, and works closely with the industry to develop the best solutions and integrations for companies. He has extensive experience in the design and solution side of financial services, particularly in digital wealth management, and has worked with some of the largest investment companies in the UK. He has worked in various roles since joining the WBS team in 2013, specialising in system integrations, platform technology and products. When discussing the bitcoin hype and the extent that blockchain can be used to transform financial services, Lowe said this: The UK financial industry faces a wave of disruption. Customers are demanding digital, personalised and seamless client experiences. Meanwhile, regulators are driving best practice around data security and industry professionalism to ensure clients' prized assets are kept in safe hands. On top of that, CEOs and business leaders must consider the impact of game-changing technology. Blockchain is fast coming out of the industry shadows; the global covid-19 pandemic has seen an explosion of interest in the technology, as bitcoin's parabolic price movements have hit the headlines. Even the Bank of England (BoE)