BiTQtour modern banking system couldn't function while not the means to record the exchanges of fiat currency between people, thus too might a digital network not operate while not the trust that comes from the ability to accurately record the exchange of digital currency between parties.
It's decentralised in the way that, in contrast to a traditional bank that is the only real holder of an electronic master ledger of its account holder's savings the block chain ledger is shared among all members of the network and is not subject to the terms and conditions of any explicit money institution or country.
