2016/08/23 12:00 PM

The governor of Japan’s central bank has referred to the importance of security in “blockchain” and “distributed ledger” technologies during a FinTech conference speech in Tokyo.

Also read: Ransomware May Threaten the Future of Bitcoin

Flagship FinTech Technologies

Governor Haruhiko Kuroda

BoJ Governor Haruhiko Kuroda

Bank of Japan (BoJ) Governor Haruhiko Kuroda described them as “flagship technologies in FinTech” at Japan’s first FinTech Forum, an event hosted by the BoJ itself at its own headquarters.

Without referring to Bitcoin by name, Kuroda also said information security was key to financial technology development — especially as networks become more open with transactions taking place on a greater range of devices for both professionals and consumers.

He referred to this year’s successful heist targeting Bangladesh’s central bank, which netted nine-figure sums for “hackers” using the traditional banking…

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