Wells Fargo CEO Tim Sloan and Mastercard CEO Ajaypal Banga spoke at the Fintech Ideas Festival on the topic. The business leaders expressed concerns with the speed at which the technology has been adopted and its business model.
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Wells Fargo CEO: 'Blockchain Has Been Way Oversold'
The chief executives for Mastercard and Wells Fargo said they see potential in blockchain technology, but it has yet to revolutionize the business sector. So reports a CNBC.