Bank of England Building Payments Network to Support a Potential Digital Pound

2020-7-30 17:13

CoinDesk has learned the Bank of England's new settlement system is being built so it can be forwards compatible with a digital currency.

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digital england bank being built currency compatible

digital england → Результатов: 51


BoE Governor: A CBDC Would Need to Be ‘Very Carefully Designed’ to Overcome Challenges

The outgoing Bank of England (UK Central Bank) governor Mark Carney has reiterated his sentiments regarding a Central Bank Digital Currency. This was after the UK Central bank released a dossier touching on the CBDC that is supposed to store value and facilitate payments for both domestic and commercial transactions. The Outgoing Canadian is on […]

2020-3-13 22:19


BoE Deputy Governor: Central Bank Digital Currencies Are “Worth Looking At”

According to Bank of England deputy governor Dave Ramsden, developing a synthetic central bank digital currency is “worth looking at.” Ramsden who oversees payments and fintech said currently, the UK central bank is “very focused” on what needs to be done to provide infrastructure to encourage private innovation. Now, creating a digital currency with other […]

2019-10-20 17:39


Former Senior Federal Reserve Official: US Dollar is Best Reserve Currency, Not Libra

Talk around the regulation of Facebook’s Libra stable coin is intensifies as the potentially mega disruptive digital asset aims to launch in 2020. Earlier in August, the Governor of the Bank of England, Mark Carney, proposed the development of digital currencies as a suitable replacement of the US Dollar. The adoption of digital assets provides […]

2019-9-26 18:36


Police demand access to sexual assault survivors’ phones — or have their case dropped

For the ongoing series, Code Word, we’re exploring if — and how — technology can protect individuals against sexual assault and harassment, and how it can help and support survivors. In April 2019, police in the UK introduced new consent forms asking sexual assault survivors for permission to access their personal information stored on their phones.

2019-7-23 15:01


Her Majesty’s (HM) Land Registry Decides to Introduce Blockchain Technology for New Digital Street System

There is no denying the significant impact that a technology is making when the Queen herself decides to integrate it into the Kingdom. In a new move, Her Majesty’s (HM) Land Registry, which is the primary land registry in England, announced that their new Digital Street system would include the use of blockchain technology. Digital […]

2018-10-2 00:37


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UK toys with blockchain for tracking properties across England and Wales

Here’s the latest in government-sponsored distributed ledger tech (DLT): England’s primary land registry has its eyes on using the blockchain to supe up its new property tracking system. Her Majesty’s (HM) Land Registry has just announced it will be blockchainifying its new system, Digital Street, as it moves to the second phase of development.

2018-10-2 20:23