Bank of Canada experimenting with distributed ledger technology

Bitcoin

The Bank of Canada is testing its own distributed ledger technology in conjunction with private sector participants, senior deputy governor Carolyn Wilkins said on June 17. In a speech in Alberta, the deputy governor spoke of the changing fintech landscape, focusing on distributed ledger technology, which has gained much attention in recent months as financial institutions explore its potential to reshape their payments systems. The Bank of Canada is partnering with Payments Canada, Canadian