Wednesday, 3 June 2015

Why Are Banks Testing Bitcoin's Blockchain? And Why Isn’t Bitcoin Involved?

From American Banker –

“Ask a U.S. banker about the prospects for Bitcoin, a digital currency with no trusted central authority or mechanism to reverse transactions, and you're likely to get a lukewarm answer.

But financial institutions are increasingly taking an interest in Bitcoin's recordkeeping system, known as the blockchain, a so-called distributed ledger that can be used to track much more than stateless electronic tokens.”


Website Statistics mortgage payment calculator