Latest Posts with CBDC tag

CBDC

170 Articles 3 Followers


Tezos is working on two CBDC application proposals: for both the Banque de France and the National Bank of Ukraine.

4 Apr 2020 3 minute read 6 comments Allen Walters

For any commercial entity, saving time and money is always an incentive to innovate. The trust-less and immutable qualities of decentralized blockchains, create the possibility to reduce costs and speed in transaction processes. That way it makes (cr...

CBDC: The Government Of China’s New Digital Currency

14 Oct 2020 5 minute read 2 comments MintDice.com

In August 2020, the People’s Republic of China released an app provided by ABChina for its countrywide digital currency, CBDC (Central Bank Digital Currency). In the months since, the currency has already been used for 1.1 billion yuan worth of trans...

Monerium and Algorand : CBDC ready

20 Nov 2020 6 minute read 7 comments Andrzej_0xa0

Public debate in Europe around CBDC got reactivated over the past weeks. Finance chiefs from the euro zone stated that more regime is needed to control digital currencies and keep private initiatives such as Facbook’s Libra from treating financial st...

Central Bank Digital Currencies vs. Cryptocurrencies

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...

CBDCs, The Poop of Cash Eating ATMs

16 Jan 2021 3 minute read 10 comments acesontop

Cash is definitely on its fast sliding slope towards extinction. You can look at it as such from a new world order universal currency point of view, which kind of makes sense in the midst of this world crisis/great reset, or from an evolutionary pers...

Understanding Central Bank Digital Currencies (CBDC)

29 Nov 2020 4 minute read 3 comments 101Blockchains

Central Bank Digital Currency is one of the most common mentions in the world of finance presently. Before diving into their definition, it is important to reflect on the context underlying the rise of Central Bank Digital Currencies. The financial c...

The Influence Of Central Bank Digital Currency (CBDC) On The Future Development Of Block Technology And The World Economic System

26 Apr 2021 4 minute read 2 comments Willson-Deng

According to data from the Bank for International Settlements (BIS), by mid-2020, 80% of central banks have joined the race to create a Central Bank Digital Currency (CBDC). The creation of Central Bank Digital Currency (CBDC) CBDC, short for Central...

CorionX and the Money in the Right Direction Movement

16 Nov 2020 4 minute read 2 comments Crypto Adventure

As more research is done on the application of decentralized systems into day-to-day interactions, the interest in cryptocurrencies continues to gain traction. Today, central banks are making efforts to launch the Central Bank Digital Currencies (CBD...

Ukraine to Develop its CBDC Infrastructure with Stellar

6 Jan 2021 1 minute read 4 comments Abhimanyu Krishnan

The Stellar Foundation announced on Jan. 4 that it had signed an agreement with the Ministry of Digital Transformation of Ukraine to establish a virtual assets ecosystem. The partnership will see the two bodies create a strategy for digital currenci...

Goldman Sachs Predicts that China’s CBDC Will Have 1B Users by 2030

20 Nov 2020 1 minute read 12 comments Abhimanyu Krishnan

Multinational investment bank Goldman Sachs, in a report made public on Nov. 17, said that it expects China’s digital yuan CBDC to reach 1 billion users within 10 years. According to the report, the digital yuan would reach 1 billion users and accou...