[2015-11-25] Barclays: Experimenting with Both Permissioned and Permissionless

[LiteCoinGuy]

Barclays: We’re Experimenting with Both Permissioned and Permissionless Blockchains

With that said, large financial institutions have become extremely interested in Bitcoin (or at least blockchain technology) over the past year. While many in the Bitcoin community believe that these banking institutions are not interested in using a decentralized, permissionless blockchain, that does not appear to be the case 100 percent of the time. At Consensus 2015, Barclays’s Simon Taylor explained that the bank is simply interested in finding practical use cases for any sort of new financial technology.

http://insidebitcoins.com/news/barclays-were-experimenting-with-both-permissioned-and-permissionless-blockchains/36008

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1715178160

[Kakmakr]

That is very good news. At least one bank can see the danger of investing in a highly insecure and untested environment like the permissioned / private Blockchains. Bitcoin is far superior and it has been through serious testing to be able to do the job.

Let's hope they follow the call to support Permissionless Blockchains.