House of Lords to ask Bank of England: Is it time for ‘Britcoin’?

The House of Lords Economic Affairs Committee will take evidence from the Deputy Governor of the Bank of England on blockchain technology next week (Tuesday 19 July).
Blockchain is the distributed ledger that allows Bitcoin to function as an online currency.
It’s no secret that the Bank of England has been looking closely at cryptocurrencies and has published papers on the technology, and like a number of central banks is looking at the possibility of using digital currencies.

This post was published at International Business Times on July 15, 2016.