Friday, 3 July 2015

Citi builds blockchains

From Finextra –

“Citi has been exploring distributed ledger technology for years, building three blockchains and creating its own crypto-currency, dubbed Citicoin, the banking giant has told International Business Times.

Citi Innovation Labs boss Ken Moore says that the systems are at the "pre-production" level and designed to help the bank make sure it is at the "leading edge of this technology and that we can exploit the opportunities within it".

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