| | October 14th, 2016
"Courage is what it takes to stand up and speak. Courage is also what it takes to sit down and listen." – Winston Churchill
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Central banks have been tiptoeing around blockchains for some time now. Several are looking at the technology, some have pronounced it interesting, and a few have even gone as far as to test it.
Now we have an interesting development: international payments firm ACI has built a prototype that aims to connect central banks with financial systems by way of a distributed ledger.
Since a payments infrastructure company is running the model, this could potentially unleash the power of decentralization on central bank blockchains. Whether or not that is desirable will no doubt be the subject of heated debates to come. (Read the full story.)
What else?
· Blockchain for stock exchange startup gets $2.6m funding. New markets.
· Fintech conference looks at role of blockchain in capital markets. Wide-ranging.
· The UN discusses blockchain’s role in sustainable development. Read more.
· UK Govt’s Actuaries looking at blockchain impact. They’re impressed.
· Russian payments firm QIWI joins R3. The more the merrier.
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