By Nikhil Gupta -
International Business Machines (NYSE: IBM) is using Bitcoin’s blockchain technology to create a digital cash and payment system for major fiat currencies, according to a source associated with the matter.
The proposed digital currency system will be built on the same lines as Bitcoin and will act in a similar way. The Bitcoin revolution has created a self-sustaining and unregulated economy parallel to the traditional, government-regulated economy.
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IBM looking to utilize the blockchain for major currencies to enable faster and more secure transfers
