Yahoo: Banking cartels could use private blockchains as blockades
Bitcoin has boldly blazed a trail for a seamless global financial system, open to anyone on the planet. But this is not a proposition that banks are naturally disposed to.
Some people may say Bitcoin has solved a particular value transfer problem and this should not be conflated with what banks are planning to do with blockchain technology.
https://uk.news.yahoo.com/jon-matonis-b ... l?#ohQP2qr