bank of england bitcoin

Bank of England Develops Bitcoin Alternative RSCoin
March 14th, 2016

RSCoin, developed in cooperation with two researchers from the University College of London, allows central banks maintaining complete control over monetary supply while providing strong transparency and auditability guarantees.

Bank of England Offers Paid Intership for Best Blockchain Ideas
November 25th, 2015

The central bank of the UK announced a contest for the best ideas of using blockchain potential in order to change the society.

‘Scrap Cash Altogether and Adopt Digital Currency,’ Says Bank of England’s Chief Economist
September 20th, 2015

Andy Haldane evaluates current economic situation in the world and underlines the potential of blockchain.

‘Bitcoin is Harder Money than Gold Due to Deflation,’ Says Bank of England’s Chief Economist
August 21st, 2015

A report by the Bank of England reads that the most discussed cryptocurrency – Bitcoin – is harder money than gold standard due to deflation.

Bank of England Says Central Banks Consider Using Blockchain Technology
July 21st, 2015

Central banks consider implementing “hybrid systems” involving distributed ledger technology of the type currently used to record Bitcoin transactions.

The Future of Bitcoin: Why Virtual Currency Still Embarrasses Banks?
March 3rd, 2015

The banks’ concerns about the future development of digital currencies and their influence on the financial industry.

‘Bitcoin and Blockchain Could Revolutionise Payment System,’ Says Bank of England
February 25th, 2015

The Bank of England issued a research, which discusses the possibility of central bank creating its own cryptocurrency.