Governor Erkki Liikanen was quoted as saying during remarks at the event:
The Bank of Finland held the event in partnership with the country’s Ministry of Finance. The seminar took place on 24th November, according to the central bank.
Though no new initiatives were announced or pledged, the central bank said that discussions during the event were, in part, aimed at promoting the development of “guiding principles” for future work among stakeholders in Finland.
The hope, according to the central bank, was to spur discussion on “a common view and strategy” for the technology in the Finnish public and private sectors. Ten blockchain projects were presented during the one-day seminar, focused on applications in both government and finance, among other areas.
Finland’s central bank co-organized a seminar on blockchain last week.
Bank of FinlandCentral BankFinland
Image via Shutterstock
Attendees included government regulators, local academics and companies based in Finland, drawn from institutions like Aalto University, Lappeenranta University of Technology and the VTT Technical Research Centre of Finland. Representatives from firms like Microsoft and Finnish energy firm Fortum were also in attendance.
In statements, central bank representatives said the event supports ongoing research into new technologies like blockchain.
“Our task is to ensure the reliability and efficiency of the payment system and the overall financial system and to participate in their development. Research into, and support of, new innovations shaping the financial sector constitute part of this work.”
Bitcoin Sets Six-Day High Above $9K (Then Dips Again)
Bitcoin (BTC) is trimming gains, having set a six-day high above the $9,000 mark early Saturday, according to CoinDesk's Bitcon Price Index (BPI).
The cryptocurrency ran into bids at $8,608.62 at 0
Dfinity raises $61 million for platform that rivals ethereum
Dfinity, a new product that rivals ethereum, just raised $61 million by well-respected investors Andreesen Horowitz and Polychain Capital, which has investors ranging from Sequoia Capital to Union
Greed is bad? 5% monthly gains aren’t a 'God-given right,' says Bespoke’s Paul Hickey
Investors should view the historic pullback in stocks and bitcoin as a lesson on the dangers of overconfidence, according to market watcher Paul Hickey. Hickey, co-founder of independent research
Bitcoin is for 'toy collectors,' Minneapolis Fed President Neel Kashkari says
Bitcoin is not for serious investors, the head of the Minneapolis Federal Reserve said Thursday. "If you live in any modern advanced economy, I would stick with the dollar, I would stick with the
Your first trade for Friday, February 9
The "Fast Money" traders shared their first moves for the market open. Tim Seymour is a buyer of the iShares MSCI Emerging Markets ETF. Karen Finerman is a buyer of Apple. Dan Nathan is a
US colleges are starting to teach bitcoin and blockchain
BERKELEY, Calif. â While the price of Bitcoin has dropped since Christmas, the virtual currency boom has shown no signs of cooling off in the more august precincts of Americaâs elite universities.
On Valentine’s Day, scammers steal more than your heart
Few things can kill the mood like financial fraud. Yet Valentine's Day, and the days leading up to it, is the peak season for scammers who prey on the heart strings, and purse strings, of those
Snap is trying to lure Instagram advertisers by offering them free ads
Snap wants to attract new advertisers â specifically, it wants to attract advertisers who are spending money with its biggest competitor, Instagram. To lure them over, Snap is reaching out to