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Cantor's CoinDesk Consensus Conference Takeaways

Cantor Fitzgerald analyst Joseph Foresi attended this week’s Consensus 2018 blockchain conference in New York and released a note on Wednesday discussing the investment implications of blockchain.

Early Stages

Foresi said blockchain technology is still in its embryonic phase, with few limited functional applications. However, he said there are many promising ideas, particularly in financial services. A recent Deloitte survey found that 43 percent of companies are calling blockchain a top five strategic opportunity.

At the same time, Foresi said the cryptocurrency....More>>>