468x60 Ads

Friday, July 17, 2015

Blockchain inspires central banks to create “hybrid systems”

The post Blockchain inspires central banks to create “hybrid systems” appeared first on 99 Bitcoins.

Bitcoin’s core technology is inspiring a banking revolution. According to the Bank of England, several central banks are planning to develop and implement “hybrid systems” involving blockchain-like technology. While banking institutions want to stay in charge of the financial system, they recognize the advantages of improving the current system with features inspired by Bitcoin’s distributed ledger [...]