[2015-12-14] Mint: Digital bancor

[polynesia]

Digital bancor

http://www.livemint.com/Home-Page/2R7YTYz6ZGCuQdiVxjw5ON/Digital-bancor.html

Goldman Sachs recently said it has developed a cryptocurrency that can be used to settle transactions in financial markets. The investment bank has already filed a patent application. Think of the new currency as a bitcoin for trade settlements. It is worth asking whether the coming years will see more such innovation. The regulatory response should also be worth seeing.