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Bitcoin => Press => Topic started by: upsidedown75 on September 24, 2015, 05:02:31 PM



Title: [2015-09-24] 20 GBP Note Goes Polymer, Competitors Embrace Blockchain Technology
Post by: upsidedown75 on September 24, 2015, 05:02:31 PM
20 GBP Note Goes Polymer, Competitors Embrace Blockchain Technology
The world of finance and banking has not seen much innovation over the past 50-60 years. Money has stayed the same over the decades albeit there might be a different King or Queen on banknotes and coins. The biggest financial innovation in the banking sector today — in the UK at last —  is the fact that 20 GBP notes will no longer be printed on paper, but will make the switch to polymer.
http://bitcoinist.net/gbp-polymer-competitors-embrace-blockchain-technology/


Title: Re: [2015-09-24] 20 GBP Note Goes Polymer, Competitors Embrace Blockchain Technology
Post by: jbrnt on September 24, 2015, 05:52:51 PM
The decision to produce plastic 5 and 10 pound notes was made nearly 2 years ago in 2013. They will be in circulation next year. The 20 pound note going plastic is a natural progression.

What does plastic bills has to do with the banks looking into blockchain technology?  ???