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Central Bankers Told They Should Be Sprinting Toward Blockchain

  • Chain’s CEO gave keynote touting potential of digital ledgers
  • Soundness of current banking system challenged by recent hacks
Bloomberg business news

What's the Difference Between Bitcoin and Blockchain?

Janet Yellen, meet the blockchain. Blockchain, meet Janet Yellen.

The head of a startup bringing blockchain to finance had a prestigious audience last week: central bankers from 90 countries including Federal Reserve Chair Yellen, as well as officials from the International Monetary Fund, World Bank and Bank for International Settlements. His message: get on board with digital ledgers, which proponents say could dramatically improve how money flows around the globe.

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