Bankers design a new blockchain that works like bitcoin – but it’s regulated
A team of technology experts within banks and technology companies have designed an anti-bitcoin. It’s the architectural drawings for a distributed ledger that borrows many of the concepts behind bitcoin. But instead of existing outside of the government and the current banking system, the way bitcoin and many other cryptocurrencies do, this version would be used by central banks, traditional banks and some fintechs – and fully regulated.