The NBU is considering the introduction of e-hryvnia

НБУ думает над внедрением е-гривны

NBU is working on introducing e-hryvnia

The national Bank continued a research project for the possible introduction of a national currency based on blockchain technology.

The national Bank of Ukraine continues at the end of 2016 research project for the possible implementation of e-hryvnia – the national currency based on blockchain technology. On Thursday, January 11, Interfax-Ukraine with reference to the press service of the Central Bank.

“The national Bank said that we are talking about the possible introduction of electronic hryvnia, and not their own cryptocurrency,” – noted in the NBU.

According to the regulator, e-torque may allow to minimize transaction costs on the transfer of money from one participant of the payment market of Ukraine to another and at the same time to hold them with virtually instantaneous speed.

“Now exploring this possibility in the framework of this project continues,” – reported in national Bank.

Earlier, the national Bank of Ukraine is normalized and the procedure of conducting cash operations in national currency in Ukraine.