Lately, banks throughout the world have begun experimenting with blockchain technology, given that it offers quicker transactions, lower costs, and reduced bureaucracy. Recent reports indicate that the Central Bank of Azerbaijan is exploring the potential associated with this technology. Central Bank of Azerbaijan Holds Blockchain Meeting Last week, top officials from the CBA held a meeting to discuss the potential of and future research into blockchain technology. The meeting was attended by the bank’s First Deputy Chairman, Switzerland’s State Secretariat for Economic Affairs, the Deputy Regional Director for the South Caucasus, and Swiss Trub Trading’s Chairman of the Board. Reports indicate that the meeting focused on various topics, including the use
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Central Bank of Azerbaijan Discusses Future Implementation of Blockchain Technology
