Tag: Basel Committee on Payments and Market Infrastructures

Dutch Central Bank Examines Blockchains and May Launch Own Digital Currency

In a recently-published annual report for 2015, the Dutch Central Bank (De Nederlandsche Bank) dedicated an entire section on blockchain and fintech innovations. The section titled Block Chain Technology Look Promising, explained that this innovation may hold the keys to cutting down transaction costs in the financial system. The report highlighted the ability of blockchain-based payment system to speed up the settlement time of transactions, as well as improve transparency. …
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