«Right now there are a lot of manual processes going on in finance; literally a lot of paper and phone
calls,» says Anthony Di lorio, founder and CEO of
Decentral, a Toronto - based company that is consulting some of the banks on how they can make us of blockchain.
The coin was
called the «World Trade Franc (WTF)» and the project used statements such as «The World
Decentral Bank also includes a basic income mechanism where member nations can apply to join and receive a share of WTF issuance on condition that they distribute it to their citizens.»