Latest Posts with CBDC tag

CBDC

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Central Bank Digital Currency Design (CBDCs) gets a new Key Roundtable Member: Bank of England

25 Aug 2020 2 minute read 1 comment N

  As per Wikipedia  Central bank digital currency (CBDC, also called digital fiat currency or digital base money) is the digital form of fiat money (a currency established as money by government regulation, monetary authority, or law). The present co...

The IMF are now Shilling Cryptocurrency

24 Aug 2020 1 minute read 0 comments Tomadachi

Barry Silbert, the head of the Digital Currency Group and Grayscale Investments, has drawn attention to the International Monetary Fund (IMF) seemingly promoting cryptocurrency. The IMF have released a video on social media, which at first glance ap...

XRP Does Not Compete With Any Stablecoin, Exec Says

20 Aug 2020 1 minute read 1 comment Abhimanyu Krishnan

Ripple's senior director of global operations Emi Yoshikawa was interviewed by Japanese crypto exchange FXcoin, where she said that the XRP token is not competing with stablecoins or Central Bank Digital Currencies (CBDCs).  Yoshikawa considers XRP...

China Expands Digital Yuan Trials

15 Aug 2020 1 minute read 0 comments DHEagle

China's Ministry of Commerce is currently testing the country's central bank digital currency (CBDC); It announced that it will expand to include Tianjin and Hebei provinces as well as Beijing. According to a report by the Wall Street Journal dated A...

Apollo National Currency – The First CBDC as a Service Platform

15 Aug 2020 4 minute read 5 comments Crypto Adventure

Although blockchain technology has been around for a while, governments are only now making significant steps towards its adoption. One of the reasons for this is that blockchain technology helps eliminate intermediaries, including central banks and...

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

12 Aug 2020 1 minute read 2 comments Abhimanyu Krishnan

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...

Corion Foundation spread of stablecoins, DeFi, CBDCs

26 Jul 2020 3 minute read 0 comments Zulus

Good day, everyone who decided to read this article. Nowadays, it is very important for everyone who is interested in blockchain technologies to be on the subject and learn news from this area. I am also interested in finding new projects, studying,...

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...

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 3 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...