Jakarta, Indonesia-CNN- Bank Indonesia admitted are examining the use of modern integrated transaction recording technology (blockchain), including a review to publish digital currency central bank (central bank of digital currency/CBDC) for domestic payment system.
The head of the Department of payment systems Policy BI Onny Widjanarko was quoted as saying of Monday (29/1), says the study is still in its early stages.
So far, the word Onny, the central bank is still calculating the impact of risk mitigation efforts and if the policy is applied. BI do not have maps of the time to test the application of digital currency the central bank.
There has been no plan want to test or implement. The study should be ripe first of course, Onny said.
The Central Bank of any other countries is currently reviewing the use of blockchain digital currency and central bank.
Onny says research done BI will also include certain sectors that will be facilitated the use of blockchain and digital currencies.
We still explore strengths and weaknesses, and when applied to the most secure and efficient ditransaksi in what sectors? This is being explored he said.
Blockchain technology is the technology foundation for the operation of the digital currencies. Currently, virtual currency, published privately as Bitcoin, Etherum and Ripple, also use blockchain.
Start mencuatnya the use of blockchain technology, including products such as digital currencies for reasons of efficiency and effectiveness in the payment system.
South Africa's Central Bank Governor Lesetja Kganyago who is also Chairman of the international financial and Monetary Committee of the International Monetary Fund (IMFC) including the leadership of the central bank argued for opening up opportunities publication of digital currency bank Central.
Kganyago said when the first believers in physical entry banking, so this time there is no reason for the central bank to not be thinking related to publish digital currencies.
No kenala reason central banks don't start thinking about digital currencies. When first they believe when the central bank made record financial physical said Kganyago as offered in the official International Monetary Fund (IMF).