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Friday, August 28, 2015

Financial security

Bitcoin Technology Piques Interest on Wall St.

Most people still think of Bitcoin as the virtual currency used by drug dealers and shadowy hackers looking to evade the authorities.

But the innovations that helped turn Bitcoin into the most popular virtual currency are now being viewed as a potentially enormous disruptive force for several industries, including accounting, music and journalism.

Nowhere, though, are more money and resources being spent on the technology than on Wall Street — the very industry that Bitcoin was created to circumvent.

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