The Financial Cloud
It’s become widely known that, thanks to the bitcoin protocol, we can now send money over the Internet directly between two entities. The mechanism which enables this is the block chain, a shared ledger of linked addresses which correspond to privately controlled keys. To send money, a user takes her key and signs a transaction, directing funds from addresses she controls to a recipient’s address. No intermediaries — just the open network.
https://medium.com/@adamludwin/wall-street-meet-block-chain-b2747909eb90
