Ripple Discusses Blockchain Tech with Chinese Central Bank Officials
San Francisco-based FinTech firm Ripple played host to a Chinese delegation of academics, central bank officials and relevant
industry officials at its headquarters in Silicon Valley.
FinTech startup Ripple, developer of the enterprise bank-friendly public blockchain platform RCL (Ripple Consensus Ledger),
welcomed a delegation of noteworthy Chinese officials from the central bank and other government officials last week.
Headed by Huang Yiping, director of the Digital Finance Research Center at Peking University, the delegation included
members of a number of government agencies including Yao Qian, director of the Central Bank Digital Currency Research
Institute. As reported earlier, the People’s Bank of China – the country’s central bank – opened a new research lab to
research and develop digital currencies last month. The ‘People’s Bank of China Digital Currency Institute’ is located in
Beijing, sharing the same building of the state-owned China Banknote Printing and Minting corporation, the entity tasked to
mint and print Chinese currency coins and banknotes.
source : Cryptocoins news
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