Daniel Daianu, who is a member of the Board of Directors of the Romanian National Bank (BNR), has said that cryptocurrencies will not replace the standard currencies issued by central banks. The Romanian slice Business Review reported on April 16th.

Daniel Dainau pointed out that people should be aware of the difference between institutions and their roles, stressing that central bank roles will not disappear. He also pointed out that a distinction must be made between what is blockchain technology and what is cryptocurrency.

,, In my opinion, these are financial assets, not cryptocurrency. Those (cryptocurrency) will not be able to fulfill the basic roles of names. cryptocurrency never replace the central bank's currencies. What may happen is that central banks issue their own digital menu, but it will be its product. Then commercial banks will come to it and multiply them. However, I agree that new technologies and decentralization show us the new benefits of the network. ”

The recent World Economic Forum (WEF) report revealed that at least 40 central banks worldwide are carrying out their own research projects on the use of blockchain technology. They also aim to address the issue of security, inclusion and payment efficiency if you choose to publish your own digital currency.

My steemit: https://steemit.com/@istrednepohronie

My steemit for travel: https://steemit.com/@cryptowithlubos