Tag "central bank digital currency (CBDC)"

China’s National Digital Currency Project Enrolls Over 20 Companies as Partners

Support and adoption of the Chinese national digital currency project, the Digital Currency Electronic Payment (DCEP), is accelerating with now more than 20 companies having joined as partners. Only eight firms were originally announced, including four state-owned banks (Industrial and

Read More

What is A Digital Currency and Why They Are The Real Revolution

Technology is transforming payments, and one of the most widely talked about innovations in this regard has been digital currencies. Despite its growing dominance in international headlines, many who are unfamiliar with the scene find themselves asking “what is a

Read More

4 Reasons Why China’s Central Bank is Launching a Digital Currency

Blockchain and cryptocurrencies have been all the rage these past years. Now even central banks are looking to launch their own digital currency. So-called central bank digital currencies (CBDCs) differ from traditionally digital currencies like bitcoin and ether in the

Read More