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China’s Central Bank Promotes Blockchain Utility

China’s Central Bank Promotes Blockchain Utility

China’s central bank and financial regulator, the People’s Bank of China (PBoC) has endorsed the revolutionary distributed ledger technology (DLT). The apex bank has made it clear that blockchain tech has real use cases in the financial sector, as it significantly reduces the risks involved in trade finance, reports Reuters on November 6, 2019. DLT

Read MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Source: China’s Central Bank Promotes Blockchain Utility

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