Today's global financial system is very inefficient and it's full of contradictions, and we think that most leaders of the financial services industry, would agree with that statement. In this module, you'll learn how Blockchain technology has the potential, to disrupt core functions of the financial services industry for the better. It could offer real choices for how people in organizations create and manage value. By the end of this module, you'll be able to describe six inefficiencies, in the financial services industry. You'll learn how Blockchain can do better on cost, speed, risk management, innovation and adaptability. You'll be able to identify eight core functions, of the financial services sector, and explain how Blockchain can disrupt these functions, cutting out the middleman or causing them to radically change their operations for the better. Blockchain can authenticate identity and assess value. It can handle the moving, the storing, the lending, and the exchanging of value. It can automate the process of funding and investing. Insurance and managing risks become far more transparent on a Blockchain, and accounting for value can happen in real time. Those eight functions should improve corporate governance and responsibility, and build a better economy. Next, you'll learn it four problems, with modern double entry accounting. Human error is a common cause and accounting mistakes. Lack of transparency allows greed to flourish. People can cook the books to hide their wrongdoings, and double entry accounting, can't always handle new business models like micro transactions. Triple entry accounting on a Blockchain could solve these problems. Shareholders, auditors and regulators, could access a worldwide ledger, to check the company's health and compliance in real time. So, please head to the discussion forums if you've got questions, and for more on rethinking finance on Blockchain. Check out chapter three of Blockchain revolution. On behalf of my coauthor Alex Tapscott and our academic partner NC add, thanks for joining us.