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polynesia (OP)
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June 19, 2016, 12:38:34 AM
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Bank of Canada studies bitcoin tech

http://www.thehindubusinessline.com/news/world/bank-of-canada-studies-bitcoin-tech/article8742096.ece

The Bank of Canada is experimenting with a payments system based on the technology behind the bitcoin virtual currency, the central bank said on Thursday.

Bank of Canada Senior Deputy Governor Carolyn Wilkins said the central bank has been working with commercial banks to build the experimental interbank payment system.

The goal “is solely to better understand the technology first-hand,” she said in a statement.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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June 22, 2016, 12:16:11 AM
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Covered by Hindustan Times as well.

http://www.hindustantimes.com/tech/bank-of-canada-studies-payments-system-using-tech-behind-bitcoin/story-HCY27iAmfVitxlu9dFQvAI.html
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