Barclays Trials Bitcoin Tech With Pilot Program
Barclays has signed off on a proof-of-concept to trial bitcoin technology. Following an agreement with bitcoin exchange Safello, the UK bank says it will explore how blockchain technologies could bolster the financial services sector. Speaking to CoinDesk, Safello CEO Frank Schuil said Barclays' decision reflected a wider change in traditional finance: "If a Tier I bank signing a proof-of-concept with a bitcoin company isn't a sign of the times then I don't know what is ... their attitude is changing and it is changing fast." The announcement, made at the Barclays Accelerator demo session....
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