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Blockchain technology could reduce role of banks: BIS

Published Tue, Nov 24, 2015 · 09:50 PM

London

BLOCKCHAIN technology could reduce the role of intermediaries such as banks and settlement houses, the Bank for International Settlements - or "the central bankers' central bank" - said in a report on Monday.

Blockchain technology - or distributed ledger technology, as many fi-nanciers pref…

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