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Bitcoin Discussion
Re: Banks building new sevices using blockchain tech
by
medUSA
on
09/06/2015, 09:55:44 UTC
Quote from: Iotrez on June 09, 2015, 09:37:43 AM
If banks start to do this then doesn't it mean that there is less of a reason for bitcoin?
http://www.coindesk.com/lhv-bank-backs-wallet-app-built-on-bitcoins-blockchain/
The app does not have it's own blockchain, it uses the Bitcoin blockchain to store the transactions. There is more reason for bitcoin, because the Bitcoin blockchain is the most secure public blockchain we have.