It is possible that it will be built soon PLCOIN. Bank PKO BP together with the Warsaw University of Technology has started work on a new technology-based project blockchain. It was funded by National Center for Research and Development (NCBD).
NCBD supports the popularization of blockchian technology
Bank PKO BP is working on a new project related to the launch of new services based on blockchain technology. They will use tokens and smart contracts. This project received support from European Funds, which was granted by NCBD in the amount of PLN 6 million. The Warsaw University of Technology was also involved in the initiative.
Will a PLCOIN be created?
It is also known that PKO BP is working on the launch of PLCOIN. This is evidenced by the fact that some time ago the bank registered the digital currency logo in the Patent Office. However, it is not entirely clear whether this is related to a project financed by NCBD.
The NCBD spokesman spoke about the project that PKO BP is implementing together with the Warsaw University of Technology. According to the information provided by him, the main goal of the project is to create a platform based on blockchain technology, intended to provide services using tokens and smart contracts.
It is to ensure control of the issue and trading of tokens, while limiting the field of speculation on the issued tokens tokens. Currently available solutions do not provide such opportunities.
New opportunities for PKO BP and benefits for customers
Thanks to the platform being created, PKO BP will gain a greater range of possibilities to offer products and services fully compliant with the currently applicable regulations. This, in turn, will translate into a greater level of security. On the other hand, the automation provided by blockchain technology will facilitate the reduction of costs related to the functioning of the bank.
The customers themselves will also benefit from the new solutions. They will gain not only a greater sense of security and stability, but also the possibility of using completely new products and services. They are an interesting alternative to traditional processes. Whether PLCOIN is part of the new project remains a mystery for the time being.