Exclusive: IBM looking at adopting bitcoin technology for major currencies

March 12, 2015 publisher allowing-users, behind-bitcoin, bitcoin, currency-system, digital, expand-the-use, paris, person-familiar, picture-taken, tech-companies, york

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – International Business Machines Corp is considering adopting the underlying technology behind bitcoin, known as the “blockchain,” to create a digital cash and payment system for major currencies, according to a person familiar with the matter. The blockchain – a ledger, or list, of all of a digital currency's transactions – is viewed as bitcoin's main technological innovation, allowing users to make payments anonymously, instantly, and without government regulation.

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Exclusive: IBM looking at adopting bitcoin technology for major currencies