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Bitcoin’s ‘Blockchain’ Tech May Transform Banking

21
Dec
2015
Bitcoin’s ‘Blockchain’ Tech May Transform Banking

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The technology that drives the shadowy cryptocurrency bitcoin is drawing interest from the established banking industry, which sees a potential to revolutionize the sector.

Although bitcoin and related virtual currencies are limited to a small set of transactions and are often associated with the underground economy, the so-called blockchain technology is gaining currency in the financial world.

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