ItBit Reveals Bankchain Project Won’t Use Bitcoin

By August 13, 2015Bitcoin Business

steve wager, itbit ItBit has revealed new details about its formerly top-secret Bankchain project, a private consensus-based ledger system aimed at appealing to enterprise financial institutions.

With the formal unveiling, the New York-based bitcoin exchange has joined the number of blockchain firms seeking to compete for the attention of banks that want to utilize the efficiencies of distributed databases without using bitcoin or its blockchain.

In a new interview, Steve Wager, head of global operations for […]

Leave a Reply

All Today's Crypto News In One Place