Wall Street Securities Firm Sees Promise in Bitcoin Protocol
Analysts at Wedbush Securities have released a report that re-enforces the promise the lot of the bitcoin community sees in decentralized peer-to-peer networking and currency. Titled Digitizing Trust: Leveraging the Bitcoin Protocol Beyond the "Coin", the report outlines applications for the bitcoin protocol in such areas as securities markets, sports gambling, and legal contracts. "Ultimately, we believe the protocol will be leveraged beyond financial assets and fulfill the role of trusted intermediary in a variety of settings, including property, legal documents, escrow, sports betting,....
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