Head of Austrian Federal Reserve Bank on Kryptos and Blockchain

The governeur of the Austrian Federal Reserve Bank Ewald Nowotny gave an interview on Feb 10th at “ORF Pressestunde” about current stock market as well crypto currencies fluctuations. He reacted calmly, stating that these fluctuations are somewhat a return back to normal as the leading indices have risen sharply during the last two years. As many other bankers Mr. Nowotny has got a critical attitude towards the Krypto-currencies, but he also belives in the great potential of the Blockchain technology for the banking sector and is already been used for it.

 

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