40 Central Banks Experiment with Blockchain

A new report by the World Economic Forum shows that more than 40 central banks have begun some sort of testing with blockchain technology; “It’s very much the case that several central banks are looking at this,” said Ashley Lannquist, a project lead in blockchain and distributed ledger technology at the World Economic Forum and the primary author of the report, to CoinDesk; they are looking at how the technology works, can they preserve data accurately and what are the policy implications; the report highlights a few use cases including one’s from the National Bank of Cambodia and the Bank of France. Source

Sign up for our Newsletters

Every morning the Fintech Nexus News team scours the globe for the most important fintech stories of the day in the daily Global newsletter.

The Europe edition comes out on Monday, Wednesday, and Friday featuring the most important stories in European and UK fintech.

The Latin American newsletter arrives in your inbox on Tuesdays and Fridays. This is a trilingual newsletter featuring stories in Spanish, Portuguese, and English.

Join 20,000 subscribers!