Cryptocurrency Q&A Will Citigroup's 'citicoin' be a 'distributed ledger technology'?

Will Citigroup's 'citicoin' be a 'distributed ledger technology'?

Elena Elena Mon Jan 27 2025 | 6 answers 1674
I heard about Citigroup possibly launching their own cryptocurrency called 'citicoin' and I'm wondering if it will be based on 'distributed ledger technology'. Will Citigroup's 'citicoin' be a 'distributed ledger technology'?

6 answers

ZenHarmony ZenHarmony Wed Jan 29 2025
Citigroup, a prominent banking institution, has ventured into the realm of blockchain technology.

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KatanaSharpness KatanaSharpness Wed Jan 29 2025
Citigroup aims to position itself at the forefront of distributed ledger technology.

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CryptoVisionaryGuard CryptoVisionaryGuard Wed Jan 29 2025
The banking giant has successfully developed three blockchains, each designed to enhance efficiency and security.

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Silvia Silvia Wed Jan 29 2025
In addition to these blockchains, Citigroup has also created a test cryptocurrency known as 'Citicoin'.

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CherryBlossomBloom CherryBlossomBloom Wed Jan 29 2025
This cryptocurrency is intended to operate across the three blockchains, showcasing the bank's commitment to exploring innovative financial solutions.

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