IMF Launches Private Blockchain-Based ‘Crypto’ After Bashing Bitcoin

Private blockchains seem to be all the rage as of late. Mere weeks ago, JP Morgan Chase launched a private version of crypto network Ethereum, Quorum, to support the fittingly-titled “JPM Coin.” And over the past year or longer, technology heavyweight IBM has built an array of ‘decentralized’ ledgers for corporations with Stellar’s technology.
The International Monetary Fund (IMF) and the World Bank are purportedly joining the bandwagon with a newfangled venture. Th