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Topic: [2015-10-16] CT: Royal Bank of Scotland Ahead in Race to the Blockchain (Read 354 times)

newbie
Activity: 24
Merit: 0
very interesting, no doubt they will miss the entire point and try to centralise control of their blockchain within their own servers. get ready for some massive electricity bills RBS to basically produce a sub-par altcoin.

It might benefit the bank internal accounting operations but they have severe IT problems some of the software they run was written in the 80's and patched ever since. It like a Jenga tower the only way RBS can modernise their back-end is basically knock it all down and start again.
tyz
legendary
Activity: 3360
Merit: 1533
The UK’s Royal Bank of Scotland has announced it could take a blockchain-inspired service “to market” in 2016.

http://cointelegraph.com/news/115420/royal-bank-of-scotland-ahead-in-race-to-the-blockchain
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