Davos Report: Over 40 central banks worldwide are experimenting with blockchain technology

Cryptocurrency Apr 04, 2019 11:08PM ET

© Reuters. Ashley Lannquist, the primary author of the report, stated that several central banks are looking into experimenting with cryptocurrencies.

The central banks use permissioned blockchain network to create their CBDCs. As per a new report by the World Economic Forum, over 40 central banks around the world are experimenting with blockchain technology. Ashley Lannquist, a project lead in blockchain and distributed ledger technology at the World Economic Forum and the primary author of the report, believes that “It’s very much the case that several central banks are looking at this [experimenting with cryptocurrencies].”

Davos Report: Over 40 central banks worldwide are experimenting with blockchain technology

Related Articles