40 Central Banks Experiment with Blockchain

A new report by the World Economic Forum shows that more than 40 central banks have begun some sort of testing with blockchain technology; “It’s very much the case that several central banks are looking at this,” said Ashley Lannquist, a project lead in blockchain and distributed ledger technology at the World Economic Forum and the primary author of the report, to CoinDesk; they are looking at how the technology works, can they preserve data accurately and what are the policy implications; the report highlights a few use cases including one’s from the National Bank of Cambodia and the Bank of France. Source