Dutch Central Bank to Create Prototype Blockchain-Based Currency
The Dutch central bank has committed to developing an internal blockchain prototype dubbed “DNBCoin”, according to a recent publication.
Buried in the latest annual report from the De Nederlandsche Bank, published on 16th March, is a tiny item detailing the experiment. Elsewhere in the report, DNB posits that blockchain tech could improve its business – a possible indication of how it may look to apply lessons learned from the DNB project.
Described only as a “prototype coin based on blockchain technology”,…