Yesterday Bloomberg reported on a Bank of America internal memo that states the bank is setting up a research team focused on cryptocurrencies and digital currency technologies. It will be headed by New York-based Alkesh Shah, whose current LinkedIn job title says he’s a Founding Member of the company’s Data & Innovation Strategy Group.
Given his previous interest in AI, it will be interesting to see whether there’s an emphasis on cryptocurrencies that bridge data, AI and blockchain.
Meanwhile, the memo from Candace Browning, head of global research at the bank, read, “Cryptocurrencies and digital assets constitute one of the fastest growing emerging technology ecosystems.”
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