VIDEO: Does Blockchain technology work?

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    Does Blockchain technology work?

    11 June 2015 Last updated at 13:00 BST

    There is a lack of trust in some sectors of finance.

    A fraud-proof system of transacting money is being developed – called Blockchain.

    It is the model on which Bitcoin – the virtual currency is built.

    Newsnight’s technology editor David Grossman reports.