Friday, August 12, 2016

Report Envisions Bitcoin’s Technology at the Heart of Global Finance - The New York Times

Blockchain != Bitcoin; later in the article: "The report does not make a single mention of Bitcoin."

"The 130-page report from the forum is the product of a year of research and five gatherings of executives from several major institutions, including JPMorgan Chase, Visa, MasterCard and BlackRock.

The report estimates that 80 percent of banks around the world could start distributed ledger projects by next year. Large central banks are also studying how the blockchain will alter the way money moves around the globe.

Most banks have already put together blockchain working groups and released research reports hailing the potentially transformative effect of the technology."
Report Envisions Bitcoin’s Technology at the Heart of Global Finance - The New York Times

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