The Cost-Cutting Potential of Blockchain

Blockchain, the technology behind bitcoin, is coming of age. It’s being applied in a lot of new realms. To explore its potential to cut costs, Deepa Seetharaman, a reporter with The Wall Street Journal, spoke with Michael Casey, senior adviser at the MIT Media Lab’s Digital Currency Initiative, and Caitlin Long, the former president and chairman of Symbiont, a platform for institutional uses of blockchain technology. Edited excerpts follow.

MS. SEETHARAMAN: What could be some new uses for blockchain?

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