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Bitcoin blockchain

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Bitcoin Blockchain Potential Draws These 9 Big Banks into Alliance

By , Associate Editor, Money Morning • @DavidGZeiler -

bitcoin

The revolutionary potential of the Bitcoin blockchain - the technology underlying the digital currency - is what led nine of the world's big banks to join together to study ways to apply it to the global financial markets.

The new partnership will focus on exploring ways the big banks can use the Bitcoin blockchain to save time and money across a wide range of financial activities.

Here's what this partnership is planning - and what it means for Bitcoin...