Monica Eaton Discusses the Current State of Blockchain

Chargebacks911 Co-Founder and COO Monica Eaton, one of the world’s leading experts on payments and fintech, recently weighed in on the future of the industry for Disruptor Daily. Along with eight of her fellow thought leaders, Monica helped shed some light on the current state of blockchain technology.

Disruptor Daily is a leading resource for news and information about blockchain technology. The site looks to experts in diverse tech fields including banking, logistics, retail, and more, to offer insights about where blockchain technology will be most disruptive.

Blockchain is best known for its association with cryptocurrency. However, the technology offers several other applications, too, including security and faster, more efficient payments. Monica and her fellow panelists were asked to provide their insight on where the technology seems to be headed.

“For instance, institutional banks like JP Morgan are just now starting to explore blockchain adoption for the purpose of interbank payments,” Monica explains. “This would allow for instantaneous payments settling within the minimal risk of error as compared to the existing automated clearinghouse (ACH) process.”

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