MFIs to move the world of Bitcoin and Crypto Money Moves



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Kriptokoin.com – According to the Financial Times (FT) of April 12, the International Monetary Fund (IMF) and the World Bank jointly launched a special block chain and a cryptocurrency movement.

According to the newspaper, the so-called Dünya Learning Coin "can only be accessed by the IMF and the World Bank. Koin is not going to be worth it. It is therefore emphasized that there is no real cryptocurrency.

I bitci.co

A better understanding of cryptographic parts

As pointed out by the FT, the Learning Link Coin, the move has helped to better understand the underlying technologies of crypto-money assets. The Koinin app will serve as a center where blogs, research, videos and presentations will be stored.

During the trial, the World Bank and IMF staff will purchase the room to complete certain stages of the training. Companies will allow them to use the assets they have earned for certain prices and will learn how to use coins in real life.

According to the IMF, the world's banks and regulators must catch up on fast-growing cryptocurrency technologies. FT expresses this IMF decision:

Inda The development of crypto money assets and distributed laptop technology is evolving rapidly, as evidenced by the amount of information that surrounds it (both neutral and acquired). This forces central banks, regulators and financial institutions to recognize the growing gap between policymakers, policymakers, economists and technology.

Phase after the tests

In addition, after the test, the World Bank and the IMF would be able to use the blockchain to launch smart contracts, combat money laundering and increase the level of overall transparency.

In early April, IMF Managing Director Christine Lagarde said block chain innovators have shaken up the traditional financial world and have a clear impact on current players. He also noted that regulators and central banks were adopting blockchain technologies and asset potential, which recognized its positive impact.

In the meantime, a World Bank official expresses a more skeptical point of view. According to Aanchal Anand, a management expert in the Bank's global and local units, too many disappointments lead to unrealistic expectations about the blockchain.

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