177 Articles 3 Followers
2 Nov 2020 1 minute read 0 comments Tomadachi
OMG Network, previously known as OmiseGo, are promoting their Plasma Blockchain Technology as a means for central banks to roll out their own digital currencies (CBDCs) to "...Encourage economic growth, improve monetary policy implementation, and fos...
2 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan
On November 2, Australia’s central bank announced that it had partnered with ConsenSys and several national financial institutions to explore the issuance of a central bank digital currency (CBDC). Australia’s Reserve Bank, the nation’s central bank...
2 Nov 2020 1 minute read 2 comments Abhimanyu Krishnan
European Central Bank (ECB) President Christine Lagarde announced on November 1 that the bank had launched a public consultation for the implementation of a digital euro. Lagarde said that plans for a digital euro were still in the “review and consi...
30 Oct 2020 1 minute read 0 comments Aware1
Countries from the world, led by China, are increasingly announcing developments related to the creation of digital currencies to represent their national currencies, and it could spell the end for the dominance of the US Dollar on the global stage....
30 Oct 2020 1 minute read 0 comments SatoshiConomy
These 3 Fintech Trends are exerting massive pressure upon the direction of global P2P Fintech innovation in 2020: 1) CBDC's, 2) Institutional Investments into Bitcoin and Cryptos, and 3) Decentralized Finance, a.k.a. "DeFi." Listen in as "ZonZ" disc...
29 Oct 2020 1 minute read 4 comments Abhimanyu Krishnan
French multinational investment bank Societe Generale selected ConsenSys for guidance on its Central Bank Digital Currency (CBDC) initiative, according to a press release issued on October 28. Societe Generale - Forge, the bank’s CBDC pilot program,...
25 Oct 2020 1 minute read 1 comment Blindworld
CBDCs was in the spotlight for a few months now. China recently tested its Digital Yuan payment system in Shenzen where citizens claimed approximately 30$ worth yuan and spent it across shops. A proper regulatory framework was a requirement for a CBD...
25 Oct 2020 6 minute read 2 comments Brennan
One after another, countries around the world have been announcing plans to launch their own Central Bank Digital Currency (CBDC). China is already in the lead with the launch of their digital yuan earlier this year. In a test run, 50,000 Chinese cit...
24 Oct 2020 1 minute read 0 comments katerinaramm
According to a recent post, the "Central Bank of The Bahamas" issued a digital dollar which is available nationwide." The Sand Dollar is the first ever CBDC (Central Bank Digital Currency). This launches a brand new era, I am sure that many more...
21 Oct 2020 4 minute read 0 comments Allen Walters
You might have heard about it before: Central Bank Digital Currency (CBDC). CBDC is a concept that is still in development at this point of time. CBDC is what is supposed to become the digital form of banknotes. First thing to realize is the fact tha...
