Latest Posts with CBDC tag

CBDC

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Crypto adoption is making the Central Banks nervous

26 Feb 2021 3 minute read 11 comments fklivestolearn

As digital currencies start to gain immense popularity among the masses, Central banks are scrambling for alternatives “They came, they saw, they conquered.” That phrase is probably going to be used for cryptos in the not-so-distant future. Led by th...

China vs. Bitcoin

24 Feb 2021 1 minute read 1 comment cryptoforlive

In China, almost two-thirds of all Bitcoins on the market worldwide are mined. As the government has its own plans, cryptocurrency trading is slowly being banned. China is the world's largest producer of Bitcoins. Companies such as Bitmain or MicroBT...

CBDC: Securing the Immutable Ledger

12 Feb 2021 6 minute read 0 comments Craig Borysowich

There are two things at odds in developing a secure, immutable ledger of transactions for a Central Bank Digital Currency (CBDC).  You want the immutability and security of decentralized cryptocurrencies, but you also want the centralized control of...

Are You Prepared for the Chinese New Year Dump?

5 Feb 2021 1 minute read 1 comment AlucardLife

The Chinese New Year (CNY) is a point of fear every year for crypto hodlers. CNY usually coincides with a fat smelly dump when Chinese folk take profits and go travel. The 2018 dump after the 2017 mania caused the Crypto Winter, or a 3 year bear mark...

SWIFT flips the script and set up a joint venture with the Chinese central bank’s digital currency research institute

4 Feb 2021 1 minute read 0 comments Keith Thuerk

SWIFT flips the script and set up a joint venture with the Chinese central bank’s digital currency research institute and clearing center.   So the Global Financial Giant SWIFT signed a joint venture with the Chinese central bank’s digital currency r...

Is Bank Digital Currencies Successful?

3 Feb 2021 2 minute read 0 comments hawk-eye

So far, China is exploring various methods regarding computerized forms of cash for its national bank, as they are advanced duplicates of its general paper money forms. The European Central Bank is scanning the popular digital euro valuation. Nationa...

CBDC and the Need for a National Digital Identity Framework

2 Feb 2021 3 minute read 4 comments Craig Borysowich

Central Bank Digital Currencies (CBDCs) rely on a completely digital representation of value that people can exchange for goods and services.  It would be challenging to deliver a completely digital currency solution without a tightly integrated digi...

The World Economic Forum discussed cryptocurrencies

28 Jan 2021 1 minute read 2 comments Jiri63

This year, the World Economic Forum takes place only online (January 25 - 29). His agendas also included two panels entitled: Resetting Digital Currencies. This is further evidence of the growing adoption of digital currencies in mainstream society....

Bank for International Settlements (aka BIS) take on Digital Cash

28 Jan 2021 1 minute read 0 comments Keith Thuerk

Bank for International Settlements (aka BIS) take on Digital Cash Executive Summary - 20% of Global could have Digital Cash in 3 short years, but on very tight leash!  Soup to Nuts on BIS views The general manager of the BIS Agustin Carstens, condemn...

Why CBDC are not a threat for Bitcoin

23 Jan 2021 1 minute read 0 comments Arkemmus

There is a huge buzz these days about CBDC (Central Banks Digital Coins). Many governments around the world plan to introduce the digital version of their fiat currency.    Just to name a few: China's digital yuan. Russia's digital ruble. Euro's CBD...