A
worldwide adoption of blockchain systems by
central banks should create a solid foundation to convince
other governments to adopt Ethereum - based solutions to address issues in fintech and
other industries.
This is due to, among
other factors, the potential high risk and volatility of virtual currency products and the fact that virtual currency remains an experimental concept that is not presently regulated or backed by any
central bank worldwide and has no tangible intrinsic value.
Bank of international settlements (BIS) is a worldwide operating institution that is nurturing the interaction with central banks and other organizations, which are dealing with monetary policy, and also provides other bank procedures: taking deposits, makes loans, and helps in remunerating uncertain steps of funds between the leading currenc
Bank of international settlements (BIS) is a
worldwide operating institution that is nurturing the interaction with
central banks and
other organizations, which are dealing with monetary policy, and also provides
other bank procedures: taking deposits, makes loans, and helps in remunerating uncertain steps of funds between the leading currenc
bank procedures: taking deposits, makes loans, and helps in remunerating uncertain steps of funds between the leading currencies.