The Bank of Britain could green light its own particular Bitcoin-style computerized cash as ahead of schedule as 2018, The Broadcast can uncover.
An examination unit set up by the Bank is researching the conceivable presentation of a cryptographic money connected to sterling.
On the off chance that endorsed, a virtual cash issued by the bank would make ready for a progressive shake up of high road managing an account.
A Bank of Britain issued computerized cash would conceivably enable English natives to keep their cash – in advanced frame – with the national bank itself, shedding the requirement for a retail bank. Expensive exchanges, for example, purchasing a house, could occur in nanoseconds.