The National Bank of Canada Just Joined An Alliance to Develop Ethereum

The Bank of Canada Just Joined An Alliance to Develop Ethereum - Motherboard  #Ethereum

  • On Monday, the Enterprise Ethereum Alliance announced 86 new members that will work together to develop business applications on the Ethereum blockchain, including Toyota, Deloitte, Samsung SDS, and the National Bank of Canada.
  • But while bitcoin has become a haven for speculators trying to win big by trading coins, Ethereum’s promise is that its blockchain—the public ledger that records all transactions—is chiefly a platform for developing apps, powered by economic incentives.
  • Read More: The Bank of Canada Slipped the Konami Code Into a Bank Note Announcement

    The alliance, which was founded in February of this year, is a global foundation with more than 100 members which include financial institutions like JP Morgan, Credit Suisse, and Banco Santander.

  • The bank ran a pilot using an in-house digital currency to conduct interbank transactions on a blockchain in 2016, snubbing the existing bitcoin currency.
  • Ethereum still might not be as valuable as bitcoin (one coin is worth over $2,000 USD at the moment, while one denomination of Ethereum, called ether, is worth $163), but it could be a whole lot more useful for banks.

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JP Morgan Expects Independent Scotland, New Currency, Bolstering Scotcoin’s Rise

  • JP Morgan Expects Independent Scotland, New Currency, Bolstering Scotcoin’s Rise
  • JP Morgan expects Scotland to split from Britain and establish its own currency.
  • Willie Fleming, director of the Scotcoin Project, an organization meant to promote and disseminate the cryptocurrency Scotcoin to the people of Scotland, concurs with JP Morgan’s stance on a successful independence referendum happening in the near future.
  • You’ll get 2000 satoshi for each new reader at the first 2 hours after article publishing and 1000 satoshi after this.
  • “The question of fiat currency is more complex and much will depend upon the relative performance of the pound and euro over the next few months.

Read the full article, click here.


@NextLevelFlash: “#Read – “JP Morgan Expects Independent Scotland, New Currency, Bolstering Scotcoin’s Rise” #Bitcoin #New #BTC #Upd…”


JP Morgan expects Scotland to split from Britain and establish its own currency. Could Scotcoin, the Scottish cryptocurrency, rise to the top?


JP Morgan Expects Independent Scotland, New Currency, Bolstering Scotcoin’s Rise

JP Morgan Expects Independent Scotland, New Currency, Bolstering Scotcoin’s Rise

JP Morgan Expects Independent #Scotland, New #Currency, Bolstering #Scotcoin’s Rise

  • JP Morgan Expects Independent Scotland, New Currency, Bolstering Scotcoin’s Rise
  • JP Morgan expects Scotland to split from Britain and establish its own currency.
  • Willie Fleming, director of the Scotcoin Project, an organization meant to promote and disseminate the cryptocurrency Scotcoin to the people of Scotland, concurs with JP Morgan’s stance on a successful independence referendum happening in the near future.
  • You’ll get 2000 satoshi for each new reader at the first 2 hours after article publishing and 1000 satoshi after this.
  • “The question of fiat currency is more complex and much will depend upon the relative performance of the pound and euro over the next few months.

Read the full article, click here.


@CoinTelegraph: “JP Morgan Expects Independent #Scotland, New #Currency, Bolstering #Scotcoin’s Rise”


JP Morgan expects Scotland to split from Britain and establish its own currency. Could Scotcoin, the Scottish cryptocurrency, rise to the top?


JP Morgan Expects Independent Scotland, New Currency, Bolstering Scotcoin’s Rise