The BIS Innovation Center expands to Europe and North America, advancing related work such as digital currency and DLT technology

The BIS Innovation Hub will cooperate with central banks in the next two years to jointly establish four branches of innovation centers in Toronto, Stockholm, London and Paris and Frankfurt. Benoît Cœuré, CEO of the Innovation Center, said that with this expansion, the Innovation Center will well advance a series of tasks that are critical to the central banking community, including digital currency and digital payment, network security, and distributed ledger technology (DLT) And artificial intelligence, etc., also prove the central bank’s commitment to innovation and cooperation.