Bitcoin: Central bank mulls the paradox of centralised distributed ledgers

By July 22, 2015Bitcoin Business

Bitcoin uses a decentralised network to honestly verify transaction (CC) When is a decentralised ledger system not a decentralised ledger system? When it’s controlled by a central bank, would be one answer.

A background technology briefing with a well-known European central bank revealed a couple of things: 1) central banks grasp the enormity of the technological upheaval they face, and 2) they believe in some essential way this "platform" can be adapted to incorporate themselves […]

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