[2016-03-15] Indian Express: Bank of England Works on Rival to Bitcoin Currency

[polynesia]

Bank of England Works on Rival to Bitcoin Currency

http://www.newindianexpress.com/world/Bank-of-England-Works-on-Rival-to-Bitcoin-Currency/2016/03/15/article3328219.ece

Computer scientists have devised a digital crypto-currency in league with the Bank of England that could pose a devastating threat to large tranches of the financial industry, and profoundly change the management of monetary policy.
The proto-currency known as RSCoin has vastly greater scope than Bitcoin, used for peer-to-peer transactions by libertarians across the world, and beyond the control of any political authority.