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[2015-11-23] Yahoo: Banking cartels could use private blockchains as blockades

Mon Nov 23, 2015 2:30 pm

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
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