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Betting On Blockchain: Firms Seek Fortune In Bitcoin's Plumbing


Ron Burgundy
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A Bitcoin ATM is seen inside a bookstore in Acharnai in northern AthensBy Jemima Kelly LONDON (Reuters) - A year ago, bitcoin was widely dismissed as little more than a way for drug-dealers and terrorists to move money around anonymously. Now, some of the world's biggest banks and companies are buying into the technology behind it. Underlying the controversial web-based "cryptocurrency" is the blockchain - a massive ledger of every bitcoin transaction ever made that is verified and shared by a global network of computers.




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