The Federal Reserve Chairman Yellen: block chain is an important technology”
The Federal Reserve (FederalReserve) chairman JanetYellen said, block chain has a potential impact on the global financial system is an important technology”.
The American Public Affairs Forum – the Commonwealth Club (CommonwealthClub) speech link, Yellen and club chairman of the board of directors of GeorgeScalise according to the topic of the interactive quiz.
Scalise asked Yellen, in December last year released the first report of the Fed’s distributed books will also adopt the technology.
Block chain technology is a new technology which is very important, will affect the processing of financial transactions. We are exploring the fed in the prior art, there are many financial institutions are concerned. It may greatly change the liquidation settlement transaction in the global economy”.
Yellen’s speech echoed her content in September last year, when she said, “this technology may cause a significant impact on the United States to pay ecology”.
“I think the technology innovation can be very useful for the benefit of society”.
The Fed is currently studying the technology, plans to release the follow-up report.
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