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Author Topic: [2014-11-06] banktech.com: Banks, Bitcoin & the Blockchain  (Read 1066 times)
LiteCoinGuy
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November 06, 2014, 12:19:27 PM
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Banks, Bitcoin & the Blockchain

The Bitcoin Blockchain could offer benefits to banks that are willing to experiment with it.

The modern financial system has a fundamental problem: It’s not designed for the Internet. Even though money and transactions are becoming increasingly digitized, we keep using payments rails that were originally designed for paper checks. And, in some ways, the financial system is less than compatible with the online world people are shopping and transacting in.

http://www.banktech.com/security/banks-bitcoin-and-the-blockchain/d/d-id/1317184

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