Tuesday, September 20, 2016

Bank Of England Ponders Blockchain for Real-Time Money Settlement

In order to safeguard the stability of the United Kingdom’s financial system, the Bank of England is exploring the next generation of its Real-Time Gross Settlement (RTGS) service, according to a bank document [PDF]. RTGS is the platform for providing sterling central bank reserves to provide safe final settlement for transactions between banks.   The bank […]

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