Why Banks’ Best Bet is a Public Blockchain (With Bitcoin)

Why Banks’ Best Bet is a Public Blockchain (With Bitcoin)

Asking for blockchain without bitcoin struck Marc Andreessen as wanting “online” without the Internet. Siddharth Kalla, the chief technology officer of Acupay, a technology provider in New York specializing in cross-border finance, believes Andreessen was astute when he tweeted this observation in December. Kalla, writing in American Banker, is the most recent financial observer to take issue with financial institutions trying to isolate blockchain from bitcoin. When the web began making waves in the mid-1990s, private companies began to create proprietary information-sharing networks like....


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