Bank disruptors: Barclays finds blockchain nirvana

USC could transform the financial markets. But first, its backers must prove it is secure

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This is the first profile in our ‘Bank disruptors’ special report. Scroll to the bottom of the introductory article to view others in the series as they go live over the next few days.

It’s billed as blockchain nirvana: a digital fiat currency utilising distributed ledger technology (DLT) to process and settle transactions in near real time.

Several initiatives are vying to be first out of the gate. John Stecher thinks Barclays has backed a winner in the utility settlement coin (USC).

Before

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