Latest Posts with CBDC tag

CBDC

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Central Banks May Prohibit Fully Decentralized Stablecoin Systems

15 Apr 2020 1 minute read 0 comments Abhimanyu Krishnan

The Financial Stability Board, an influential international body that is composed of all G20 members, on April 14 has published a lengthy document on regulating stablecoins that provides some insight into the regulatory body’s approach to the asset c...

Starbucks, McDonald's and Subway: on the mirror to test the Chinese national digital currency.

25 Apr 2020 1 minute read 0 comments alberdioni8406

The American giants chain of food and Restaurants Starbucks, McDonalds and Subway could trial the Chinese national digital currency accordingly to a report from local media released on Thursday. The same report display also a list of 19 possible firm...

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...

Banque de France select candidates to test digital currency.

21 Jul 2020 1 minute read 4 comments alberdioni8406

The France Central Bank, Banque de France selected 8 candidates to their experiment in digital currency. This entities will test solutions enabled by digital currency covering many areas, from asset transfer to advantage to use digital currency to ba...

CBDC: Payment Processing Efficiency and the Realities of 'TPS'

1 Dec 2020 3 minute read 0 comments Craig Borysowich

Efficiency and speed in the processing of payments come from the availability and verifiability of payment data while that payment is in flight.  In short, the transaction has the details of the sender and the receiver of the money, the amount of the...

Recent Government Actions Against Crypto Ecosystem

18 Jan 2021 1 minute read 1 comment Keith Thuerk

Recent Government Actions Against Crypto Ecosystem Updated 1/19/21 Iran Reportedly blames Bitcoin miners for massive power outages across the country! 1/18/21 - Australian Bitcoin Trader Takes Banks to Tribunal After Sudden Account Closures - https:/...

US Senate Passes $480 billion Interim Coronavirus Package -- Digital Dollar not Included

23 Apr 2020 5 minute read 0 comments bettercallpaul

US Senate Passes $480 billion Interim Coronavirus Package -- Digital Dollar not Included On April 21, 2020, Senate Majority Leader Mitch McConnell and Minority Leader Chuck Schumer went live to tell CNN that that legislative body had reached a dea...

One of China's Largest Banks launches Digital Yuan ATM

12 Jan 2021 1 minute read 0 comments Keith Thuerk

One of China's Largest Banks launches Digital Yuan ATM   Who?- The Agricultural Bank of China (ABC), one of China’s “big four” banks, launched a pilot program to enable the first digital yuan ATMs. The banking institution deployed the first machines...

Digital US dollar to enable government payments

25 Mar 2020 2 minute read 0 comments SylarHeisenberg

The members of the US House of Representatives want to support citizens with direct state payments. A "digital US dollar" is to help with this. The Democratic Party's plans for legislation bring this into play. To what extent the Blockchain technolog...

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...