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 RBS Announces Trial of Cryptocurrency- RBS Announces Trial of Cryptocurrency
- October 14, 2015
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Royal Bank of Scotland has just announces that it is trialling its own cryptocurrency - which of course, will resonate on the news-lines significantly.
But let's stop and work out why they are doing this and why they are announcing this?
MOTIVATIONS
With around 1000 cryptocurrencies globally and with the market leading cryptocurrency being 100s times bigger than all the others, it seems like a strange thing to do from a marketing, sales, competitive basis. RBS have certainly not said that they intend in any way to 'corner the market' or to be a 'world leader' in this area - so this is not their motivation. So let's not get hung up on this, ...
- View more at: http://www.1888pressrelease.com/rbs-announces-trial-of-cryptocurrency-pr-575295.html
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