It seems the corporate and government related adoption of blockchain technology is picking up pace. Over the last couple of days we’ve seen China announce its intentions to introduce a block chain based digital currency for mainstream adoption and Australian banks initiate blockchain tech hubs in Hong Kong with plans to do the same in London next quarter. We’ve also seen German banks predict that cash will be redundant as soon as ten years from now. It seems as if – after a long period of uncertainty – these institutions are finally realizing that the future of domestic and international finance is just around the corner, and that blockchain technology could very well be the foundation of this future. In turn, they are scrambling to understand its underlying mechanism and potential applications.
http://www.newsbtc.com/2016/01/22/pwc-announces-entry-into-bitcoin-and-blockchain/
