Tag: Bank of England

Tom Mutton, the director of FinTech at the Bank of England (BoE), has disclosed why the central bank might explore alternatives to blockchain as the underlying technology of its CBDC program.  In an interview with Bloomberg UK, Mutton noted that a significant debate arose regarding the choice of ledger for ...

On April 19, 2023, the Bank of England and the Innovation Hub London Center of the Bank for International Settlements (BIS) published a report on Project Meridian, a successful joint pilot project. The project tested a distributed ledger technology-based system for inter-institutional settlements, which the Bank of England will apply ...