The Wall Street Technology Association (WSTA) and Ernst & Young (EY) are going to host a panel discussion on “Blockchain Technology: Distributed Infrastructure and the Distribution of Finance” on June 21st, in New York City.

“The WSTA is committed to staying at the forefront of emerging technologies, such as Blockchain, and will host our first panel discussion on this topic with our Platinum Affiliate, EY and other Financial Services thought leaders," James Kostulias, WSTA President notes. “The emerging technology behind Blockchain has the potential to bring real opportunity and disruption to our industry and based on where we are in the maturity cycle, it is a very timely and relevant topic for our members.”

Blockchain technology has become the most talked about topic in the financial services world, with several use cases being discussed. In addition to describing the technology, the panel discussion will focus on exploring the ways in which the true potential of the technology could be unlocked, future state impacts on the financial services industry and what should be done at present to prepare for it.

It is an invitation-only co-hosted event for financial technology professionals focused on technology, strategy, operations, and innovation.

"EY is excited for the opportunity to be a part of the WSTA's first Blockchain panel discussion. We hope the attendees walk away with a greater understanding of how distributed infrastructure technology has the ability to transform financial services," says Angus Champion de Crespigny, EY's Financial Services Blockchain and Distributed Infrastructure Strategy Leader.

Founded in 1967, WSTA is a not-for-profit association that provides financial industry technology professionals, vendors, service providers, and consultants with forums to learn from and connect with each other. It currently has about 2,400 members from over 50 different firms.