Skip to content


  • Add this article to your LinkedIn page
  • Add this article to your Twitter feed
  • Add this article to your Facebook page
  • Email this article
  • View or print a PDF of this page
  • Share further
  • Add this article to your Pinterest board
  • Add this article to your Google page
  • Share this article on Reddit
  • Share this article on StumbleUpon
  • Bookmark this page

Blockchain can create financial sector jobs as well as kill them

PA’s Vaughan Jenkins, a financial services expert, is quoted in an article on blockchain in the Financial Times’ Connected Business special report.

The article looks at jobs in the financial services sector and how blockchain may affect them. Blockchain, for example, has the ability to handle a wide range of transactions that are managed by humans. Banks, insurers and financial institutions specifically are interested in blockchain as a way to increase security, efficiency and to lower costs.

The article goes on to explain that jobs potentially at risk in financial services are those that involve tasks such as processing and reconciling transactions and verifying documents.

Vaughan explains that the nature of such jobs is likely to change. He goes on to say: “You’d be hard-pressed to believe it’s not going to dismantle some of the infrastructure in the financial services sector and remove jobs.”


Contact the financial services team

By using this website, you accept the use of cookies. For more information on how to manage cookies, please read our privacy policy.