bank of england

Hyperledger Project Adds 11 New Members, Including Bank of England and Federal Reserve Bank of Boston
March 1st, 2017

Hyperledger Project continues to attract new companies, with the overall number of members now accounting for more than 120 organizations.

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 Believes Distributed Ledger Technology to Revamp UK Payments System
January 29th, 2016

The central bank of the UK takes a reasonable approach to a distributed ledger study and adoption.

‘BlockChain Adoption Will Have Four Stages,’ Says McKinsey’s Report
December 17th, 2015

According to a new report, elaborated by consulting agency McKinsey, large scale usage of the blockchain will require capital market participants to collaborate on solving the problems of further technology adoption.

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.

5 New Banks, Incl. BNP Paribas, ING and Wells Fargo, Partnering with R3 Blockchain Project
November 20th, 2015

The innovation firm R3 has received support from five additional banks that joined the company’s project on developing blockchain solutions for the finance industry.

George Osborne Wants London to be ‘Global Centre for FinTech’
November 12th, 2015

The UK authorities are ready to create favorable regulatory environment in the country.

‘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.

Ex-JP Morgan’s Blythe Masters Is Promoting Blockchain Technology to Banks
September 2nd, 2015

Blythe Masters is promoting blockchain to banks by offering an off-the-shelf private blockchain product and developing ways to connect its customers to the existing bitcoin system.

‘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.

Bitcoin and Blockchain Technology Attract Banks and Governments
July 28th, 2015

The world’s most famous banks and instituitions go public with their interest in Bitcoin and Blockchain technology.

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.

‘Bitcoin Ransomware Attacks Britain,’ Warns National Fraud Intelligence Bureau
July 20th, 2015

UK watchdog reveals the details of new TorrentLocker malware being spread in Britain.