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Bank of England to Test Blockchain Tech in Domestic Payments System

News – CCN
Bank of England to Test Blockchain Tech in Domestic Payments System

The Bank of England is beginning its Proof of Concept (PoC) to examine its potential in RTGS functionality with decentralized blockchain technology. Providing a resilient, strong, innovative system for the UK in mind, the PoC serves as a response to changes within the fintech industry. The Bank looks to protect financial stability along with embracing … Continued

The post Bank of England to Test Blockchain Tech in Domestic Payments System appeared first on CCN

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