Lithuania’s Central Bank Considering IBM for Its LBChain DLT Platform

Lithuania’s Central Bank Considering IBM for Its LBChain DLT Platform

Lithuania’s central bank, Bank of Lithuania, has selected technology behemoth IBM (NYSE:) and IT services firm Tieto as the finalists contending to develop its blockchain platform.

Financial technology news outlet FintechFutures reported on the contest’s developments on Oct. 23. Per the report, both firms will test their platform and the winner will be selected later in 2019 as part of the project dubbed LBChain.

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Source
Investing.com

The post Lithuania’s Central Bank Considering IBM for Its LBChain DLT Platform appeared first on Bit News Live.

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