“The company has been in informal discussions about a blockchain-tied cash system with a number of central banks, including the U.S. Federal Reserve, the source said. If central banks approve the concept, IBM will build the secure and scalable infrastructure for the project. Unlike bitcoin, where the network is decentralized and there is no overseer, the proposed digital currency system would be controlled by central banks, the source said. According to the plans, the digital currency could be linked to a person’s bank account, possibly using a wallet software that would integrate that account with the proposed digital currency ledger.”
http://www.reuters.com/article/2015/03/12/us-bitcoin-ibm-idUSKBN0M82KB20150312
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
American teens savvy to smartphone apps that include location tracking
Rare Look Inside A Swiss Gold Refinery
Americans find it difficult to open bank accounts in UAE
New turbine to capture energy from both wind and waves slated for testing
IRS official caught in tea party scandal retires with $50,000/year pension
Border Patrol agent who shot Mexican teenager dead will not be charged
Obama's drone war a 'recruitment tool' for Isis: US air force whistleblowers
IRS collecting tax payer information from Facebook and Twitter
Snowden headed to Venezuela via Moscow and Cuba
Can laws punishing gun-wielding criminals apply to a police officer?
Internet giant Amazon hit by first strike in Germany
Snowden, in exchanges with Post reporter, made clear he knew risks
South Korean bakery starts accepting Bitcoin
American marijuana companies turn to Canadian stock exchange to raise capital
Don't buy Russian stocks, White House says in Crimea dispute