The banking world is looking at making their own blockchain

in btc •  7 years ago 

Have you heard it?

6 major banks are currently looking into making their own blockchain tech....

According to online media Qz.com 6 major banks are currently working on making their own Crypto called UBS: Utility Settlement Coin

reason for this is to make cross border transactions easier for all involved parties, and at the same time insuring that all is available to see for the involved banks.

This Crypto will NOT be offered to the public, so don't be scammed if someone offers you a ICO option for UBS...

But what does it mean in general?

Basicly it's the proof that blockchain tech is here to stay, and that it is the future...

What are your thoughts??

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