Prelims level : International Events Mains level : Learning Coin
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Why in News?

  • International Monetary Fund (IMF) and the World Bank have together launched a private blockchain with a pseudo-token- “Learning Coin”.


  • The new token, called “Learning Coin” is accessible within the IMF and World Bank
  • The main purpose of this token is to teach relevant individuals within the organizations about Blockchain
  • The coin has no real value, hence has the description of a pseudo-token.
  • Staff members who pass educational milestones will receive the tokens which can then be redeemed for certain rewards.

World Bank:

  • The World Bank was established in 1944
  • The World Bank is headquartered in Washington DC,USA
  • David Malpass is the current president of the World Bank
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