According to the Financial Times, the International Monetary Fund (IMF) and the World Bank launched a private blockchain and quasi-cryptocurrency called "Learning Coin." It is reported that Learning Coin will not be able to use outside the World Bank and IMF, and does not have any monetary value, so it is not a real cryptocurrency like Bitcoin. The World Bank and IMF staff will be able to “earn” Learning Coin by completing certain educational programs. The IMF said in a statement that crypto-asset and distributed ledger technologies are rapidly evolving, as is the amount of information surrounding them (both neutral and established). This has forced central banks, regulators and financial institutions to recognize the growing knowledge gap between legislators, policy makers, economists and the technology. The project will begin to bridge this gap and form a strong technical knowledge base among the staff of the International Monetary Fund and the World Bank.