Blockchain: The Money Behind the Hype

Banks are interested in funding its development while venture capitals are waiting in the wings.

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[This is Part Two of a three-part special report examining distributed-ledger technologies and the capital markets. Part One, which went live on Tuesday, looks at how banks are adopting digital currencies. Part Three, which looks to dispel some of the hype around blockchain, went live Thursday.]

Back in 2006, Yahoo was planning to buy Facebook. Yahoo’s then-CEO, Terry Semel, and Facebook’s head, Mark Zuckerberg, agreed a deal to the tune of $1 billion. However, Yahoo subsequently got cold feet

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