Austria

Austrian Bank Raiffeisen Is Working on a National Digital Currency Pilot

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 […]

A1 telekom to accept crypto payments

A1 Telekom, ready to accept crypto payments

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…

export

FIW study says Blockchain can make Austrian Export free from uncertainty

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.