2018-7-24 08:16 |
The Bank of England’s updated payments system will be compatible with blockchain-based financial technology forms, Reuters reported Monday.
This would enable these businesses to use the system directly, rather than through a proxy of a large bank.
In March, the BoE presented a “proof of concept,” asking several firms, including payments technology providers Baton Systems and Token, R3 and Clearmatics, for feedback.
“All participants confirmed that the functionality offered by the renewed RTGS service would enable their systems to connect and to achieve settlement in central bank money,” the BoE explained Monday.
“A number of recommendations were received to ensure optimal access to central bank money.”
Similar to Notcoin - Blum - Airdrops In 2024