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Big Banks Interested in Bitcoin-like Software

Accepted submission by Thexalon http://www.erieeyriesoftware.com/ at 2015-08-31 16:33:46
Business

The New York Times [nytimes.com] reports that several large banks, as well as the Federal Reserve, Bank of England, and the Nasdaq exchange are working on reusing the software ideas from Bitcoin to facilitate high-finance money transfers.

This is probably not what anyone involved in Bitcoin had in mind, but open-source software tends to adapt to new applications extremely easily.


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