# Professor David Yermack discusses blockchain's impact on jobs in the financial services industry

1 Faculty News September 7, 2016 ![Financial Times logo](/sites/default/files/styles/246w/public/assets/images/uat_025699.jpg?itok=5SpaxEbn)>

Excerpt from the [Financial Times](http://www.ft.com/cms/s/2/3a9ef8d8-33d5-11e6-bda0-04585c31b153.html#axzz4JZjT1OfH) -- “‘If \[blockchain\] could be made to work there, it could be copied within a year or two all around the world,’ says [David Yermack](http://www.stern.nyu.edu/faculty/bio/david-yermack), professor of finance and business transformation at NYU’s Stern School of Business.”

[Read more](http://www.ft.com/cms/s/2/3a9ef8d8-33d5-11e6-bda0-04585c31b153.html#axzz4JZjT1OfH)