Central banks could use distributed ledgers to improve the efficiency of certain processes.
That won't make a difference to the man on the street. Central banks surely wouldn't want to lose control over the money supply and won't adopt any cryptocurrencies.
Topic: [2015-11-27]Ripple.co-Why Central Banks Should Use Distributed Ledger Technology (Read 282 times)
November 26, 2015, 10:56:04 PM
November 26, 2015, 06:13:23 PM
How should central banks deal with the increasing use of distributed ledger technology? They could adopt it.
That’s one outcome outlined by a new report published by the Bank of International Settlement (BIS) focusing on the impact of distributed financial technology, a follow up to the BIS’s last report, which looked into issues with the correspondent banking system.
https://ripple.com/insights/why-central-banks-should-use-distributed-ledger-technology/?utm_source=Ripple+News&utm_campaign=038d0bd832-RSS_BLOG_CAMPAIGN&utm_medium=email&utm_term=0_706ebe5aff-038d0bd832-90656541
That’s one outcome outlined by a new report published by the Bank of International Settlement (BIS) focusing on the impact of distributed financial technology, a follow up to the BIS’s last report, which looked into issues with the correspondent banking system.
https://ripple.com/insights/why-central-banks-should-use-distributed-ledger-technology/?utm_source=Ripple+News&utm_campaign=038d0bd832-RSS_BLOG_CAMPAIGN&utm_medium=email&utm_term=0_706ebe5aff-038d0bd832-90656541
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