Bankchain & itBit: Settling on the blockchain

摘要

Bitcoin's blockchain has the potential to be a game-changer for the financial services sector. The massively distributed, online ledger at the heart of Bitcoin's settlement system does not rely on a centrally managed database or group of databases to manage complex trade flows between bitcoin's buyers and sellers. Instead, it relies on a massive decentralized global network of computers to simultaneously deliver quick settlement, tamper-free security and an environment where no party necessarily needs trust the other - or any middlemen.