Author(s) |
Daniel AUGOT Nathalie BEAUDEMOULIN François DESROZIERS Marc LENGLET Julien LEPRUN Véronique MCCARROLL Fabrice RIVA |
Publication type | Synthesis |
Breakfast debate on 8 November 2016
Information, on which finance is largely based, is increasingly digital. What's more, blockchains, which combine encryption algorithms and decentralised computer architectures, seem to be challenging traditional financial intermediation, playing with the political boundaries of regulation. As for so-called algorithmic finance, it increasingly seems to be escaping its designers. Is there not a risk that the preponderance of algorithms will weaken banks and markets?