The Canadian central bank and its Project Jasper partners revealed the results of their experiment with distributed ledger technology (DLT) in a press release published on Thursday and a report posted on the central bank’s website. The project’s conclusions suggest that the technology still has obstacles to overcome before it can reliably replace the existing national intrabank payment settlement system.
In a statement released earlier this week, Japanese budget airline Peach Aviation Ltd announced that it will add Bitcoin as a payment option for its customers before the end of 2017 – making Peach the first Japanese airline to accept the digital currency. In addition, the company has announced its intention to place Bitcoin ATMs at airports, to provide its customers with easier access to Bitcoin.
Fidelity Investments CEO Abigail Johnson has made no secret of her love of technology, and she’s certainly not shy about expressing her appreciation for Bitcoin, the blockchain, and other aspects of the digital currency universe. In a speech to the attendees of the Consensus 2017 conference on Tuesday, she doubled down on that support for digital currency technology, and announced that Fidelity will soon provide its customers with the ability to track their cryptocurrency holdings on the Fidelity website.
With blockchain technology gaining increased attention from an ever-expanding array of industries, it was only a matter of time until the auto industry began to take serious notice too. Toyota Research Institute’s announcement at Consensus 2017 yesterday revealed that Toyota is serious about exploring the technology as it seeks to develop the vehicles of the future.
Earlier this month, the largest bank in Dubai, Emirates NBD, unveiled plans to integrate blockchain technology into its checks as it launched an initiative that has been referred to as “Cheque Chain.” The project involves adding printed Quick Response (QR) codes to the bank’s checks, with each code eventually registered on the Emirates NBD blockchain to strengthen authenticity and reduce fraud. As the bank’s Group Chief Operating Officer Abdulla Qassem observed at the time: