Central Bank of Papua New Guinea Adopts Blockchain Technology

The number of countries with banks experimenting with blockchain technology is growing rapidly. The Pacific island nation of Papua New Guinea PNG, north of Australia, has joined the movement with its own central Bank of Papua New Guinea running blockchain trials.Central Bank Governor Loi Bakani, known as a champion of new technologies as a way to enable financial inclusion, recently hosted a conference to showcase his countrys commitment to blockchain technology, with participants from at hom

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World Economic Forum Bitcoin Discussions Validate the Movement

The World Economic Forum WEF has long been a lightning rod of global discussion on economic, social and political trends. This years gathering in Davos, Switzerland, was no exception.Blockchain technology emerged center stage last week as a key discussion theme, receiving praise from attendees for its cutting-edge potential. Bitcoin and the future of cryptocurrencies, too, were highly discussed topics at the forum, not just casually but also in an official session and a few panel discussions.
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