Bank of England’s payment system will support blockchain

Blockchain Technology news

The Bank of England (BoE) has revamped the payment system that would support blockchain technology. The governor mentioned to re-structure the RTGS system. Recently, the bank revealed the results of its proof-of-concept conducted with Baton Systems, Clearmatics, R3, and Token. The bank stressed that the functionality of the new RTGS supporting blockchain and DLT.

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