Latest Posts with CBDC tag

CBDC

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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...

Gov of Ukraine Picks Stellar to Help Build National Digital Currency

4 Jan 2021 1 minute read 1 comment Keith Thuerk

Gov of Ukraine Picks Stellar to Help Build National Digital Currency - CBDC   Well here we are 4th of January 2021 and the CBDC race is heating up!  Recall a CBDC is a Central bank digital currency What has been done thus far in regard to CBDC in Uk...

Is ISO 20022 a replacement for SWIFT?

4 Jan 2021 1 minute read 1 comment Keith Thuerk

Is ISO 20022 a replacement for SWIFT?   What is ISO 20022?  Executive Summary: ISO 20022 is an emerging global and open standard for payments messaging. or according to Wikipedia "is an ISO standard for electronic data interchange between financial i...

How Fair is Fair

2 Jan 2021 1 minute read 0 comments Cryptopsycho21

How Fair is Fair? One of Bitcoin and cryptocurrency’s main advantages is that it should be a fair system of currency.  But how fair are we talking about?  It sounds fair and very logical, but does that mean that it can’t be manipulated to one’s advan...

CBDC: Building the Modern Payments Ecosystem

1 Jan 2021 3 minute read 0 comments Craig Borysowich

  As countries look to rollout a CBDC for general retail use, there are various issues related to the representation, portability and verifiability of value in connected and disconnected environments that create challenges for many payment use cases....

The Dangers of CBDCs

31 Dec 2020 2 minute read 3 comments Theincomebeast

Everyday we hear more and more talk about central bank digital currency (CBDC) It also seems like everyday there is a different central bank talking about launching their own CBDC.   I wrote a short post about China launching a CBDC here. I do not th...

2021 IN DiGITAL EURO

26 Dec 2020 2 minute read 3 comments MISSSUAREZ

We are at a peculiar moment in the history of money, one in which the nation-states that competed with conventional currencies begin to digitize them, in order to make their monetary policy more effective in some cases, or to make borders between cou...

Is digital currency a weapon against BTC?

22 Dec 2020 3 minute read 0 comments Giorgi Mikhelidze

As the world evolves, so too do new technologies in financial technologies improve. Cryptocurrencies revolutionized the standards of payments. The plot twist is, central banks feel threatened by the presence of cryptos such as Bitcoin and are making...

Chinese e-commerce Giant JD.com to Accept Digital Yuan for Payments

7 Dec 2020 1 minute read 2 comments Abhimanyu Krishnan

JD.com, one of China’s largest online retailers, will accept the country’s digital yuan CBDC as a means of payment, according to a Reuters report published on Dec. 5. JD.com, an online mall, will support the CBDC as China prepare for its shopping se...

China digital yuan: $3M will be given away to Suzhou residents to test the coin

6 Dec 2020 2 minute read 9 comments alberdioni8406

The Chinese City of Suzhou, one of the cities that will be testing the digital yuan also dubbed digital currency electronic payment -DCEP, will receive almost $3 million in form of lottery to test the coin. The lottery will be in red packets containi...