Vulcan is helping banks to love Bitcoin


The fact that the blockchain slowly but surely becomes the favorite of the FinTech industry is not necessarily something new. Interestingly, the currency bitcoin has however almost disappeared from the headlines. The Vulcan Digital Asset Services joint venture is now trying to change this by calling on banks to give the crypt diet a chance.

But what is Vulcan actually? On the official web site, this is a next-generation infrastructure that combines financial services and commercial services through the use of pioneering developments in digital currencies. Vulcan Digital Asset Services is a simple platform that combines the identity of users, their financial resources and capital. Thus, they should be able to act, divide, issue, and track transactions with any physical or digital assets. This should be possible quickly, cheaply and anywhere in the world. In summary, the initiative has set itself the task of establishing the currency Bitcoin and the ecosystem of cryptowogy in the mainstream.

The news portal Silicon Angle quoted recently in an article John Shipman, PwCs Fintech division manager in the Asian area. Shipman said the Vulcan developers based in London are of the opinion that both cryptocurrency technology and the blockchain have failed to meet the needs of

Read more ... source: TheBitcoinNews