[ad_2][ad_1] The Bank of Canada (BoC) is working on a new and innovative concept for a bank – a proof-of-concept approach. Two other industries, the private sector and the academic world, are helping to achieve its goal. Together, they will establish a new financial technology that presents an underlying blockchain …
Read More »Mastercard wins the patent for "Manage fractional reserves of the blockchain currency"
[ad_2][ad_1] Mastercard has won a patent for the fractional bank cryptocurrency, which suggests that the global payments corporation has plans for a fractional reserve management system of currency blockchain. The Mastercard Blockchain patent integrates the existing traditional payment networks with blockchain currencies The patent, filed on 29 June 2018, refers …
Read More »Plans are underway for a "stable currency" of cryptocurrency anchored to the Australian dollar
[ad_2][ad_1] Two crypto players – a blockchain company and a cryptographic exchange – plan to issue the first "stable currency" of Australia. The stable currencies are cryptocurrencies anchored in legal currencies, in this case the Australian dollar. A basic requirement for stable currencies is that they have fiat currency reserves …
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