[2015-11-27]Ripple.co-Why Central Banks Should Use Distributed Ledger Technology

[tolikkk]

How should central banks deal with the increasing use of distributed ledger technology? They could adopt it.

That’s one outcome outlined by a new report published by the Bank of International Settlement (BIS) focusing on the impact of distributed financial technology, a follow up to the BIS’s last report, which looked into issues with the correspondent banking system.



https://ripple.com/insights/why-central-banks-should-use-distributed-ledger-technology/?utm_source=Ripple+News&utm_campaign=038d0bd832-RSS_BLOG_CAMPAIGN&utm_medium=email&utm_term=0_706ebe5aff-038d0bd832-90656541

[botany]

Central banks could use distributed ledgers to improve the efficiency of certain processes.
That won't make a difference to the man on the street. Central banks surely wouldn't want to lose control over the money supply and won't adopt any cryptocurrencies.