Briefly present a history of the technology, functionality, and how the digital currency markets work today. How are current financial institutions participating/threatened by the technology? What are their responses?

Future Impact of Digital Currencies on Financial Institutions

Write a 6-8 paper (excluding references and title page) on:

Research blockchain and digital currencies and project the potential impact on financial markets and institutions in the future.

Specifically:

· Briefly present a history of the technology, functionality, and how the digital currency markets work today.

· How are current financial institutions participating/threatened by the technology? What are their responses?

· Review recent global financial events to determine the impact it has had on digital currency prices, specifically Bitcoin, and what the implications are for the future.

· Predict the most likely scenario, in your opinion, given what your research has shown you and support with evidence, and site sources.