Bank of England Conducts Further Blockchain Tests

[kreslik.news]

The Bank of England has released the results of its latest investigation of blockchain technology, conducted in partnership with a startup called Chain.

Specifically, the UK central bank has published a proof-of-concept for a digital ledger network that will handle data in a way that will allow both privacy and regulatory oversight. The paper, entitled “Fintech Proof of Concept”, was published on Wednesday.

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According to the paper, the aim of the exercise was to “explore some of the key questions that could arise from ensuring ... (read more)