While global governments are pushing ahead with digital currencies in central banks. Private institutions are also seeking to digitize national currencies. Raiffeisen Bank International (RBI), a big Austrian bank, employs blockchain technology to work on a new method of tokenizing the national currency. After a positive test of end-to-end digitized national currency transfers. RBI is […]
The giant Austrian mobile network operator A1 telecom is finally accepting payments with crypto. It is now available in seven Austrian shops: Kärntnerstraße, Wien Mitte The Mall, Krems Bühl Center, Graz Herrengasse, Linz Landstraße, Salzburg Europark, and Innsbruck Kaufhaus Tyrol…
Blockchain is going to bring a new dawn for Austria’s export market. The distributed ledger technology has the capacity to make exports safer and free from uncertainty. Also, exporters could also reduce the cost for processing export guarantees, opines Austrian expert Bernhard Dachs.
The Austrian Government has decided to explore Ethereum’s Blockchain Technology to its highest level. In an announcement on Sept 25th, it announced about exploring Blockchain Platform of Ethereum to issue Government bonds worth € 1.15 billion ($ 1.35 billion).