[2015-12-19] ToI: Bitcoin's 'blockchain' tech may transform banking

[polynesia]

Bitcoin's 'blockchain' tech may transform banking

http://timesofindia.indiatimes.com/tech/tech-news/Bitcoins-blockchain-tech-may-transform-banking/articleshow/50244419.cms

The technology that drives the shadowy cryptocurrency bitcoin is drawing interest from the established banking industry, which sees a potential to revolutionize the sector.

Although bitcoin and related virtual currencies are limited to a small set of transactions and are often associated with the underground economy, the so-called blockchain technology is gaining currency in the financial world.

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[polynesia]

Covered by IBN as well.

http://www.ibnlive.com/news/tech/bitcoins-revolutionary-blockchain-technology-draws-interest-from-traditional-banks-1179285.html

[coldice]

I think it would be much better that flipkart and other merchants use bitcoin as payment method.
It would make Indians more familiar with bitcoin technology and an easier way to pay for any product.