The Globe and Mail reports in its Wednesday edition that the Bank of Canada is open to doing more financial technology experiments, such as the one it is currently conducting on a blockchain-based payment system, senior deputy governor Carolyn Wilkins said on Tuesday. A Reuters dispatch to The Globe reports that Ms. Wilkins, speaking at a financial technology innovation conference, said regulators are wrestling with how to craft policy that will harness the benefits of innovation while also protecting and managing the potential risks to the financial system and consumers. The BOC is working on "Project Jasper," a blockchain experiment launched last year as a joint initiative between the central bank, Payments Canada and R3, a consortium of the world's largest financial institutions, including Canada's biggest banks. Ms. Wilkins said: "Project Jasper is something new for the Bank of Canada and it is one of the most productive experiments that we've had. We're certainly open to doing more of that." She said one place to start is focusing on the incentives that drive corporate decisions, where those risks need to be managed through regulation and where the private sector can be left alone.