Blockchain's

Bitcoin distributed the business of creating money around the Internet, using computer algorithms to ensure that payments make their way securely from buyer to seller. UBS and its partners aim to use similar technology to the blockchain routines that underpin Bitcoin to speed up the settlement systems used to trade stocks and other financial instruments. Digital money is only the start. As blockchain technology provides a way for multiple participants to keep track of who spent money without having to trust each other directly, a number of organisations see it as a way of supporting other systems where trust is key but difficult to enforce.