No way to know, they wouldn't openly admit to it after the comments last week. But that really doesn't matter, what matters is that all the banks are investing resources into developing blockchain technologies. I think a great follow-up question is whether the banks will develop a stand-alone product or will sidechain to an existing product. Any stand-alone would need a consortium of sorts that they all agree on. I think the problem with a sidechain at the moment is scale. If Ethereum crashes on a Bancor ICO, well, there's still work to be (and being) done. Very exciting times. We're still in round 1.
No way to know, they wouldn't openly admit to it after the comments last week. But that really doesn't matter, what matters is that all the banks are investing resources into developing blockchain technologies. I think a great follow-up question is whether the banks will develop a stand-alone product or will sidechain to an existing product. Any stand-alone would need a consortium of sorts that they all agree on. I think the problem with a sidechain at the moment is scale. If Ethereum crashes on a Bancor ICO, well, there's still work to be (and being) done. Very exciting times. We're still in round 1.