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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Labels:
banking,
Blockchain,
Citigroup,
crypto-currency,
innovation,
technology