IMF & World Bank Launches “Learning Coin” to Educate Staff about Blockchain
- The International Monetary Fund (IMF) and World Bank have launched their own private blockchain and digital currency network on April 12 to familiarize staff with the concepts of cryptographic assets such as Bitcoin (BTC) and Ether (ETH).
- The new pseudo-token has been named as “Learning Coin” and has no real value. The purpose of such token is to generate understanding among relevant employees within the organizations about blockchain technology in the real world.
- The Staff members will earn the tokens by successfully clearing training goals. They can then exchange their earnings for rewards of some kind.
- These coins will only be accessible within the organizations and will not be able to buy real-world goods and services.