Bank of Israel adopts Ethereum for digital shekel trial

From en.globes.co.il

The Bank of Israel IT division has set up digital wallets into which team members of the venture can transfer "imaginary digital shekels" to each other. The Bank of Israel has adopted Ethereum blockchain technology for an internal pilot project to examine the digital shekel, a source close to the matter has told "Globes." Ethereum is the world's second biggest cryptocurrency after Bitcoin. To implement the project the Bank of Israel IT department team has issued a token based on the blockchain technology of Ethereum, which represents digital shekels, and has set up digital wallets into which team members of the ... (full story)