Bank of Canada to Reveal Results of its Digital Currency Experiment While Bitcoin Stands Dismissed


Digital Currency Experiement Results from Bank of Canada

According to a report, Canada’s central bank will publish the results of its experiment with a blockchain-powered payments system. While the experiment utilized an in-house digital currency, one senior central bank official dismissed bitcoin “as a commodity rather than a money itself.”

A Reuters report revealed that details of the prototype tested by the Bank of Canada that used bitcoin’s underlying technology, blockchain, will be published, according to senior deputy governor Carolyn Wilkins.

Source: CryptoCoinsNews
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