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BitBrum • November 19, 2017

  Cryptobates Group and Inspiring Co. are delighted to announce Birmingham’s inaugural BitBrum cryptocurrency and blockchain conference to be held…

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Tag: UBS

UBS to Launch “Utility Settlement Coin” in Collaboration with 10 Financial Institutions

Category: Blockchain, Finance, News, Tech

UBS to Launch “Utility Settlement Coin” in Collaboration with 10 Financial Institutions

While banks have been largely opposed to the digital currency bitcoin due to its decentralized peer-to-peer nature that threatens banks’ business models, they are not shying away from using bitcoin’s underlying technology, the blockchain, to develop their payment systems. An example of this would be UBS’ new digital currency, the “utility settlement coin” which is set to launch next year…

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