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The Bank of England's Big Blockchain Move

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January 31, 2018 | 

3274 Views | 

Joanna Newman | 

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The Bank of England has caused a bit of a stir in the crypto community. It recently came to light that they were investigating creating a blockchain-based token of their own. This would allow their customers to receive all the advantages that blockchain transactions offer. If it were to be implemented, it would mean that customer transactions would take place in a matter of seconds.

Why Implement a Bank of England Blockchain-Based Token?



Efficiency is the Key



Better Isn't Always Good For Everyone



Bank of England's Official Stance on Blockchain Tech.



A Blockchain-Based Future


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