ÃÛÑ¿´«Ã½

Use ÃÛÑ¿´«Ã½.com or the new ÃÛÑ¿´«Ã½ App to listen to ÃÛÑ¿´«Ã½ podcasts, Radio 4 and the World Service outside the UK.

Episode details

World Service,1 min

Bitcoin technology and real life banking

Digital Planet

Available for over a year

Could Bitcoin blockchain technology be moving into mainstream banking, making money transfers faster and more secure? Gareth Mitchell speaks to David Rutter, CEO of R3, a financial innovation company that will be working with nine major banks to develop blockchain technology for tracking real life financial transactions. The technology works by making a chain of all transactions and sending this updated chain to everyone who has ever made a transaction. But will this method lead to faster more secure and cheaper transactions? (Image caption: Bitcoins © Karen Bleier/AFP/Getty Images)

Programme Website
More episodes