here in Davos there's two big themes
that we're hearing bankers and
financiers talk about in the world of
financial technology they are blockchain
technology and artificial intelligence
and it's blockchain technology that I
think is particularly interesting
because we're seeing a real shift now in
the debate of the industry and how the
industry is coming to terms with the
this new asset class the crypto asset
class people are calling it where after
a year last year where we saw the value
of crypto currencies rise to more than
half a trillion dollars the likes of
Bitcoin and other cryptocurrencies have
become impossible for the financial
establishment to ignore and now we're
seeing chief executive of Nasdaq here in
Davos telling us that now starkly the
big US exchange is going to look at ways
to provide products that will help
retail investors put money into the
likes of Bitcoin and other
cryptocurrencies so this is really the
start of these two worlds which until
now been very separate coming together
and a lot of banks up to now have been
saying that the cliche is we we don't
like Bitcoin it's got a it's got a dirty
money attached to it but we do like the
underlying blockchain technology and now
it's getting a bit more muddled and
confused people are starting to say well
perhaps there is something to this
cryptocurrency idea after all we're now
seeing these two worlds intertwine but
the big message from the finance and the
bankers is that they really they can't
do much more until regulators set more
ground rules so that they know that what
that what the rules of the game are it's
very unregulated space but crypto
currencies and the establishment the
financial establishment is starting to
intertwine they're starting to to
collide and it's going to be very
interesting to see how that develops