Bank of Israel tests Ethereum technology for digital Shekel - Bloomberg

Beautifulblossom/iStock Editorial via Getty Images In a recent digital Shekel trial, the Bank of Israel uses Ethereum's (ETH-USD) technology to support the digital payment system, Bloomberg reports, citing a Bank of Israel spokesman. The digital payment system can positively impact the economy with faster, easier, and secure payment processes, according to a report the Bank of Israel issued last month. It also issued a call for smart application ideas running on the digital infrastructure. Ether to over $2K key level after reaching a low of $1.7K yesterday.