IMF report calls Bitcoin’s blockchain the Internet of Trust


“The June 2016 edition of the IMF’s quarterly magazine, Finance & Development, features a very pro-blockchain article called “The internet of Trust,” which explains Bitcoin in great detail, expanding on the benefits of the blockchain impressively.

Reminiscent of The Economist’s iconic twin articles from October last year titled “The Trust Machine” and “The great chain of being sure about things,” this new article makes perfectly clear the benefits and disruptive properties of an immutable ledger system.

This time, however, the article is from the IMF itself. Andreas Adriano, the Senior Communications Officer in the IMF’s Communications Department, and Hunter Monroe, a Senior Economist in the IMF’s Monetary and Capital Markets Department, together wrote the four-page comprehensive report.”

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