Exclusive: IBM looking at adopting bitcoin technology for major currencies

By March 12, 2015Bitcoin Business

NEW YORK (Reuters) – International Business Machines Corp is considering adopting the underlying technology behind bitcoin, known as the "blockchain," to create a digital cash and payment system for major currencies, according to a person familiar with the matter.

The objective is to allow people to transfer cash or make payments instantaneously using this technology without a bank or clearing party involved, saving on transaction costs, the person said. The transactions would be in an […]

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