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Blythe Masters Quotes
Blythe Masters Quotes
Blythe Masters
American
Businesswoman
Born:
Mar 22
,
1969
Asset
Blockchain
Financial
Seen
Technology
You
Related authors:
Anne M. Mulcahy
Ginni Rometty
Kellyanne Conway
Mary Kay Ash
Melinda Gates
Rachael Ray
Sara Blakely
Sheryl Sandberg
Blockchain technology, or distributed ledger technology, is just a way of using the modern sciences of encryption to enable entities to share a common infrastructure for database retention.
Blythe Masters
Technology
Blockchain
Way
Distributed
Entities
Database
Share
Retention
Sciences
Enable
Encryption
Modern
Just
Common
Infrastructure
Using
If you think about any multiparty process where shared information is necessary to the completion of transactions, and the coordination of activity and the exchange of value, that's where blockchain technology can be put to good use.
Blythe Masters
Good
You
Technology
Value
Blockchain
Think
Completion
About
Exchange
Shared
Put
Any
Transactions
Where
Information
Process
Use
Activity
Coordination
Necessary
In financial services, the front end of the world operates at super-high speeds: comparative advantages are measured in fractions of nanoseconds. And yet back end processes - the amount of time you have to wait when you sell a stock before cash hits your account - can take days.
Blythe Masters
Time
You
World
Financial
Wait
Before
Speeds
Back
Financial Services
Cash
Take
Advantages
Days
Sell
End
Stock
Account
End Of The World
Hits
Front
Processes
Your
Measured
Comparative
Amount
Services
Fraction
A credit derivative, at its core, is actually a very simple concept... The simplest way to think of a credit derivative is it is analogous to insurance against the risk of a credit default by your counterparty, your business counterpart.
Blythe Masters
Business
Simple
Think
Way
Risk
Simplest
Counterpart
Concept
Insurance
Very
Against
Your
Derivative
Credit
Actually
Default
Core
I think the most important thing to understand about credit derivatives and their use at JPMorgan is they served a number of different purposes. First and foremost, they were a tool which initially was seen as being useful in managing the bank's own risk management challenges.
Blythe Masters
Challenges
Management
Seen
First
Important
Own
Think
Tool
About
Risk
Risk Management
Purposes
Most
Most Important Thing
Understand
Important Thing
Were
Foremost
Managing
Bank
Being
The Most Important
Different
Which
Use
Useful
Derivatives
Initially
Served
Credit
Thing
Number
I spent my whole career thinking about risk, markets, infrastructure, and regulation. I had seen the financial crisis unfold, and I had seen the credit derivatives market get operationally ahead of itself, which resulted in systemic risk counterparty exposures. I began to believe that distributed ledgers had the capability to tackle that problem.
Blythe Masters
Problem
Financial
Seen
Believe
Thinking
Market
Spent
Markets
Financial Crisis
Crisis
Systemic
Distributed
About
Tackle
Risk
Resulted
Had
Began
Itself
Get
Unfold
Which
Infrastructure
Capability
Derivatives
Regulation
Whole
Credit
Career
I've always been motivated to innovate where the implications are significant.
Blythe Masters
Innovate
Significant
Implications
Always
Motivated
Been
Where
It was amazing feeling to be able to be involved in invention, but not just invention - the creating of a marketplace that had real value to add.
Blythe Masters
Amazing
Value
Invention
Feeling
Add
Marketplace
Able
Had
Involved
Real
Amazing Feeling
Just
Real Value
Creating
The idea that commodities, as an asset class, is finished is just fundamentally flawed.
Blythe Masters
Class
Finished
Idea
Commodities
Just
Flawed
Asset
Fundamentally
Just being able to trade financial commodities is a serious limitation because financial commodities represent only a tiny fraction of the reality of the real commodity exposure picture. We need to be active in the underlying physical commodity markets in order to understand and make prices.
Blythe Masters
Reality
Financial
Picture
Active
Markets
Physical
Able
Only
Prices
Make
Underlying
Because
Limitation
Trade
Understand
Real
Represent
Commodities
Tiny
Commodity
Just
Being
Order
Exposure
Serious
Fraction
Need
I had seen the financial crisis unfold, and I had seen the credit derivatives market get operationally ahead of itself, which resulted in systemic risk counterparty exposures. I began to believe that distributed ledgers had the capability to tackle that problem.
Blythe Masters
Problem
Financial
Seen
Believe
Market
Financial Crisis
Crisis
Distributed
Tackle
Risk
Resulted
Had
Began
Itself
Get
Unfold
Which
Capability
Derivatives
Credit
Digital Asset has a talented team and technology that is uniquely positioned to solve challenging settlement issues facing global financial institutions.
Blythe Masters
Technology
Financial
Digital
Settlement
Solve
Facing
Talented
Global
Institutions
Issues
Team
Uniquely
Asset
Challenging
I would describe Hyperledger as a tremendous opportunity for collaboration for firms that range from gigantic commercial concerns all the way to the smallest, newest startups. It's a community of great intellectual depth and great commercial breadth, and as such, I think the opportunity to be part of that is a unique and enriching experience.
Blythe Masters
Great
Experience
Opportunity
Community
Think
Startups
Tremendous
Enriching
Collaboration
Way
Range
Gigantic
Would
Part
Smallest
Concerns
Intellectual
Commercial
Breadth
Newest
Depth
Unique
Describe
The Hyperledger Project is gaining traction on a daily basis, displaying how vital this effort is in advancing distributed ledger technology. Uniting the industry to drive this initiative forward is paramount to the success of distributed ledger technology.
Blythe Masters
Success
Daily
Technology
Drive
Project
Distributed
Paramount
Vital
Advancing
Industry
How
Effort
Gaining
Forward
Displaying
Initiative
Daily Basis
Uniting
Basis
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