Topic: [2015-11-24] ET: Blockchain technology could reduce role of banks, says BIS (Read 1821 times)
January 27, 2016, 03:31:59 PM
It must. Because Bitcoin is cryptocurrency and to make trade at certain level it must have to keep banks away. And at certain point user can take equivalent amount by only regulated, authorised, safe and secure source. Now a days with bitcoin due to an anonymous identity major scams are happening.
January 22, 2016, 06:36:04 PM
I do share common conclusive thoughts with BIS.
December 16, 2015, 08:59:18 PM
Blockchain technology could reduce role of banks, says BIS
http://realty.economictimes.indiatimes.com/news/technology/blockchain-technology-could-reduce-role-of-banks-says-bis/49901270
Blockchain technology could reduce the role of intermediaries such as banks and settlement houses, the Bank for International Settlements - or "the central bankers' central bank" - said in a report on Monday.
Blockchain technology - or distributed ledger technology, as many financiers prefer to call it - is what underpins bitcoin , a controversial web-based "cryptocurrency".
http://realty.economictimes.indiatimes.com/news/technology/blockchain-technology-could-reduce-role-of-banks-says-bis/49901270
Blockchain technology could reduce the role of intermediaries such as banks and settlement houses, the Bank for International Settlements - or "the central bankers' central bank" - said in a report on Monday.
Blockchain technology - or distributed ledger technology, as many financiers prefer to call it - is what underpins bitcoin , a controversial web-based "cryptocurrency".
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