ECB to experiment with technology behind bitcoin
http://timesofindia.indiatimes.com/tech/tech-news/ECB-to-experiment-with-technology-behind-bitcoin/articleshow/52008131.cms
The European Central Bank is doing "experimental work" with the same ledger technology that underpins virtual currency bitcoin but it needs further research before considering adopting it, an ECB executive board member said on Monday.
Yves Mersch said the ECB would look into whether distributed ledger technology (DLT) -- a shared database that can be used to secure and validate any type of transaction -- could be adopted as the market infrastructure of the euro zone's system of central banks.
Topic: [2016-04-27] ToI: ECB to experiment with technology behind bitcoin (Read 634 times)
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