Wall Street Clearing House to Adopt Bitcoin Technology

By Timothy Sohn Jan 9, 2017 6:43 PM EST

(The New York Times) – After months of talk and hype, the world’s biggest banks have taken the first steps toward moving a significant piece of financial infrastructure onto a so-called blockchain — the technology introduced to the world by the virtual currency Bitcoin. The company that serves as the back end for much Wall Street trading — the Depository Trust and Clearing Corporation, or D.T.C.C. — said on Monday that it would replace one of its central databases, used by the largest banks in the world, with new software inspired by Bitcoin.

Read more:
bitcoin alternatives
German Exchange and Fidor Bank Partner for Instant Bitcoin Trades

NEW YORK (InsideBitcoins) -- In a move that brings bitcoin to everyday banking, bitcoin exchange Bitcoin.de and German-based Fidor Bank...

Close