Let’s Get Digital: Big Banks Consider Digital Currencies on Distributed Ledgers

The allure of creating a digital currency with distributed-ledger technology has continued to grow as financial firms gain a better understanding of how the complex technology works.

World currencies

[This is Part One of a three-part special report examining distributed-ledger technologies and the capital markets. Part Two looks at the money funding these projects. Part Three, which looks to dispel some of the hype around blockchain, went live on Thursday.]

To understand the relationship between big banks and distributed-ledger technologies is to recognize the dynamic of a pool party on a hot summer’s day.

As the temperature continues to rise, the appeal of taking a dip in a nice, cool body

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