Credit unions may one day find some of their core functions replicated by bitcoin, a new report suggests.
According to Mercator Advisory Group, a global consultancy for the payments industry, such an evolution would only occur should bitcoin's market volatility lessen and security mechanisms develop further.
The report, entitled Understanding Bitcoin’s Implications for Credit Unions, largely serves as a vehicle for understanding the fundamentals of bitcoin and its distributed ledger, the blockchain.
via CoinDesk http://ift.tt/1bFVOzs
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