16/11/16
Swedish Riksbank is reviewing the opportunity of emission of its own cryptocurrency. This idea has been caused by the fact that country citizens massively prefer cashless payments.
According to the country’s Central Bank, cash money has become 40% less popular over the past seven years.
The Central Bank is studying alternative technologies, in particular it is referred to blockchain according to The Financial Times, Riksbank leads say.
Sweden is one of countries where the blockchain technology is studied at the highest level. Well, in summer, one revealed government’s plans to implement blockchain into the recording system of land rights.
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