The central banks of Canada and Singapore have for the first time settled cross-border payments using blockchain and central bank digital currencies.
Central bank-issued cryptocurrency could bring economic welfare gains for Canada and the U.S., according to a researcher from Canada's central bank.
The results of a nationwide bitcoin survey conducted December by the Bank of Canada are now in.
The latest "Project Jasper" tests have shown that distributed ledgers are effective at automating securities settlements in real-time.
JPMorgan Chase has partnered with National Bank of Canada and others to trial a blockchain platform aimed to improve the debt issuance process.
Developed and developing economies would see different benefits if their central banks issued a cryptocurrency.
Canada's central bank is gearing up for the next phase of its "Project Jasper" blockchain research initiative, according to a new announcement.
Bank of Canada and R3 have concluded that their Project Jasper initiative could provide a basis for building cash-based settlements systems in future.
Canada's central bank likely won't launch a wholesale payment system based solely on distributed ledger tech.
In a new report, bank consortium R3 compares two competing concepts for moving fiat currency to a blockchain or distributed ledger.