International Monetary Fund The IMF and the World Bank jointly created a private block chain and a learning coin. The purpose is to study block chain technology.
A private block chain is a block chain that is used only by trusted participants. Learning coins are only available to the IMF and the World Bank. It is not worth money, nor is it a bit coin-like password. The purpose of the learning coin is to understand the block chain technique. Inside, it stores blogs, research materials, videos, and presentation materials in block chains and uses them as learning coins.
The IMF says the move is intended to increase information about encryption assets and distributed technology evolution. Christine Lagarde, IMF chief, recently said that it is certain that digital currencies including passwords are shaking the existing banking system. It has been open to new technologies, including mentioning the need to consider the possibility of the central bank’s digital currency CBDC. Of course, the World Bank is skeptical about the block chain technology, as it is different from reality in advertising. For more information, please click here .