Latest Posts with CBDCs tag

CBDCs

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Hong Kong Will be the First City to Use China's Digital Currency

12 Aug 2020 1 minute read 2 comments Abhi K

Local media outlet Southern Daily reported on August 12 that officials from the People’s Bank of China had confirmed that Hong Kong’s Greater Bay Area would be the first region that would use China’s digital currency, DCEP.  China has been testing a...

Bank of England and Ripple

31 Jul 2020 1 minute read 3 comments Tomadachi

The Bank of England announced yesterday that they have appointed a company called Accenture to act as the Technology Delivery Partner for the Real Time Gross Settlement (RTGS) Service Renewal Programme. Accenture offer a wide range of strategy and co...

How Exploring The Blockchain And Its Uses Can Revamp The Financial Sector: Decentralized/Hybrid Financing: Central Bank Digital Currency Could Be A Lasting Solution To Inter-bank/Settlement Payment : A Delve Into Algorand Ecosystem.

19 Jul 2020 10 minute read 2 comments Ddev

  Introduction According to punching, the Nigerian Interbank Settlement System - NIBSS highlighted a significant setback to achieving efficiency in the electronic payment system such as the POS. Issue spotted was left at the prolonged transaction ti...

LBCOIN from the Central Bank of Lithuania: what will be the first Eurozone CBDC?

8 Jul 2020 7 minute read 0 comments Kluma

On July 23, the Central Bank (CB) of Lithuania will begin the preliminary sale of national cryptocurrencies (CBDC), which are called LBCOIN. On July 2, the news agency Reuters reported this for the first time . LBCOIN is the first CBDC to go on sale...

Financial sovereignty in the New World Order: Now is your last chance.

3 Jun 2020 14 minute read 7 comments BUIDLsatoshis

Dear readers, In this article, I will make a case as to why Bitcoin is now your last chance to opt-out of the broken crony capitalism system that you are stuck in since birth. Prior to reading my article and my analysis of the upcoming new world orde...

The Digital Dollar Whitepaper is Here - The US CBDC Project Evovles in the Face of COVID19 and Riots

1 Jun 2020 8 minute read 9 comments bettercallpaul

Hey Everyone!  Probably one of the most important developments in cryptocurrencies, blockchain technology, and economic policy as a whole just occurred on May 28, 2020 with the publication (by the Digital Dollar Foundation, the thinktank tasked with...

CBDC cryptocurrency is changing monetary structure

26 May 2020 3 minute read 0 comments ...

The central bank's digital currencies are now part of the active projects of many banks around the world. A bank in China has recently launched its "Digital Yuan" project, and the Swedish central bank "Sveriges Riksbank" has unveiled a digital versio...

With regard to the implementation of CBDCs, do the risks outweigh its benefits?

26 May 2020 2 minute read 0 comments PassionCryptodotcom

Central bank digital currencies [CBDC] are currently the center of attraction as more than 70% of the world's governments are studying the subject. A published research report examined the various aspects of CBDCs, the benefits, the risks posed and a...

CBDC on Algorand. First one, but more to come!

22 May 2020 7 minute read 11 comments Andrzej_0xa0

Future shape of digital money is just being designed and developed, it is fascinating and a bit scary at the same time. We see 3 clear trends developing in parallel. First being state-free money (like Bitcoin), second being corporate 'stable'coins (l...

Chinese Communist Party Publishes a Guide On Blockchain Technology

20 May 2020 1 minute read 0 comments Abhi K

Chinese media outlets reported on May 10 that the Chinese Community Party has published a book about emerging technologies, including blockchain technology. Authored by The Central Party School, the book is intended to educate the public and official...