[News] Central banks explore blockchain to create digital currencies

[MrAdmin]

Countries around the world — the UK, Russia, Canada, Australia, China and many more — are examining how they might mint their own digital currencies and put money on the blockchain.

Efforts have intensified this year, although research is still at an early stage and many puzzles have yet to be worked out. But most agree on one thing: that the world is moving towards use of digital currencies. [...] Of course, money is already electronically held and processed, but blockchain technology could offer a far more sophisticated operating system, with the prospect of “smart” money.

Source: https://www.ft.com/content/f15d3ab6-750d-11e6-bf48-b372cdb1043a