Bundesbank Ridicules Blockchain: Not a ‘Breakthrough’ Technology

2019-5-30 22:07

By CCN: The president of Bundesbank – Germany’s central bank –  is not impressed by blockchain, despite the technology experiencing increased adoption in other sectors. German Central Bank: Blockchain Slow & Expensive According to statements made in Frankfurt on May 29, Bundesbank President Jens Weidmann claimed that a trial project to integrate blockchain failed miserably.

As opposed to improving the bank’s operations, blockchain was slower and more costly, leading the president to conclude the technology failed to bring a “breakthrough” to the banking industry. The trial project was a joint effort between the Bundesbank and Deutsche Boerse launched in 2016,

The post Bundesbank Ridicules Blockchain: Not a ‘Breakthrough’ Technology appeared first on CCN

.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

High Performance Blockchain (HPB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.0064459
Капитализация $0 Rank 99999
Цена в час новости $ 0.4728 (-100%)

blockchain bundesbank technology president bank breakthrough ccn

Источник: ccn.com

blockchain bundesbank → Результатов: 1


Бундесбанк объявил об итогах исследования Blockchain

Сотрудники Центробанка Германии закончили исследование Blockchain. В рамках анализа технологии специалисты Бундесбанка оценивали возможности и последствия применения Blockchain при проведении транзакций, а также в комплексе других операций.

2018-6-22 15:11


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Germany should buy Bitcoin as a strategic reserve: Samson Mow

Samson Mow, the CEO of Bitcoin technology firm Jan3, publicly advocated for Germany to adopt Bitcoin as part of its national strategic reserves. In a recent appearance at the German Bundestag, Mow discussed Bitcoin strategies for nation-states, expressing his belief…

Ripple-backed Keyrock teams up with Deutsche Bank to expand FX services

Ripple-backed crypto firm Keyrock is teaming up with Deutsche Bank to leverage the bank’s institutional infrastructure to support multi-currency accounts and FX services. Keyrock, an international crypto market maker and liquidity provider, has announced a strategic partnership with Deutsche Bank,…

Bison launches insured Ethereum staking service

Bison announced its insured Ethereum staking product in partnership with Munich Re and Staking Facilities. Users can stake as low as 0. 005 ETH and earn weekly rewards. Bison, a crypto trading and exchange-traded funds platform by the Böerse Stuttgart Group, has unveiled a new staking service offering insured staking with Ethereum.