Banks and Blockchains and Bitcoin, Oh My!In the past month, there have been a number of major announcements regarding banks and blockchains. Twenty-two major banks announced that they are partnering with consulting company R3 to experiment with blockchains, and Chain announced a new round of funding and is now claiming that “a blockchain is more than a technology, it is a strategy.” The natural questions following this news, particularly as the price of bitcoin hovers around $240, are “What do banks mean by ‘blockchain?’” and “What does this mean for Bitcoin?”
https://medium.com/@ntmoney/banks-and-blockchains-and-bitcoin-oh-my-2cee43c06d82