6 Big Banks, Including Barclays and HSBC are Partnering up to Create a New Cryptocurrency


(Truth TheoryBanks operate under the highest levels of security. They are tasked with keeping our transaction records safe and our money secure. Blockchain is a "data structure that is a digital ledger of transactions". It operates without a central authority (a bank) and lets everyone on the network manipulate the ledger in a secure way. This technology has created a distributed currency and payment system that is "simultaneously secure, open and global."
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