BAFT, the global financial services association, will work to spread the word about Bitcoin technology

The global financial services association BAFT (Bankers Association for Finance and Trade) stated on its official website that in order to promote innovation awareness in the global financial industry in the field of cross-border trade and payment, the association is about to launch a new financial technology innovation program. It is worth noting that one of the focuses of the program is to allow the financial industry to gain a deeper understanding of the advantages of Bitcoin and blockchain technology.

托德•伯韦尔, President and CEO of BAFT, said:

“Emerging technologies such as blockchain, a distributed ledger and virtual currency technology, are redefining how supply chains and payments work. Our members are taking notice and recognizing the critical impact blockchain will have on our financial industry, making the spread of blockchain technology a priority for this initiative.”

In addition, the association also launched a series of seven webinars on blockchain technology starting on September 15.

BAFT attaches great importance to various emerging technologies in the financial sector, especially those that can improve bank cash management and payment services. In order to better carry out this plan, BAFT will set up a FinTech Innovation Committee and hire a senior vice president for payment and innovation.