IMF Economist Examines Bitcoin Blockchain's Role in Banking

IMF Economist Examines Bitcoin Blockchain's Role in Banking

The International Monetary Fund (IMF) has published an article in Finance and Development magazine that examines the case for bitcoin's blockchain technology and suggests that while the technology might have been built to "avoid banks" it could have benefits for the banking and trading sectors. Authored by Andreas Adriano, a senior communications officer in the IMF’s communications department, and Hunter Monroe, a senior economist in the IMF’s monetary and capital markets department, the piece, titled "The Internet of Trust" provides an overview of bitcoin's history,....


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