Bitcoin has the potential to reduce consumers' reliance on giant banks and other entrenched financial institutions, according to Chi Onwurah, the UK's shadow cabinet minister for digital government.
Onwurah is leading a sweeping review of how technology is used by UK public services for the opposition party, Labour. The review includes examining institutions dealing with financial services, she said.
Speaking exclusively to CoinDesk, Onwurah said:
by Joon Ian Wong via CoinDesk