Dutch Central Bank to Open Blockchain Campus

Michael del Castillo
Jul 5, 2016 at 17:21 UTC
Updated Jul 6, 2016 at 15:11 UTC

Holland’s central bank is preparing to open a campus dedicated to teaching others about blockchain.

In early September of this year, De Nederlandsche Bank is expected to open a campus where banks and financial institutions can work together “under one roof” to learn more about the distributed ledger technology that underlies bitcoin, according to a local report yesterday in Holland’s de Volkskrant.

Holland’s fintech ambassador Willem Vermeend told the publication:

“There is a lot of creativity in the Netherlands. The problem is that I have spoken to twenty parties who do not know what the other is doing.”

Last month, De Nederlandsche Bank’s head of market infrastructures policy department, Ron Berndsen, described in detail the bank’s experiments with bitcoin and hinted at future experiments pertaining to digital assets and more.

The news further comes amid an increase in interest in the technology at global central banks, with Bank of Canada and Bank of England announcing experiments with the technology in recent weeks.