Bank of Canada Explores Bitcoin’s Technology

The Bank of Canada said it is studying the technology underlying the digital currency bitcoin, conducting one of the first known tests by a major central bank about how it could use the nascent system known as blockchain.

The central bank confirmed the experiment dealing in interbank payments in a statement from Senior Deputy Gov. Carolyn Wilkins. It stressed, however, that it has no plans to issue a digitized Canadian dollar or… – leading Bitcoin News source since 2012