Central bank-backed cryptocurrency
China is releasing its cryptocurrency this month and it will not be solely on the blockchain.
European central bank discusses the potential of a central.
The formal term, central bank digital currencies (cbdcs) are at the center of most of the discussions, which the bank for international settlements (bis) and the international monetary fund (imf) are heading.
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A central bank cryptocurrency? Not in 2018 - coindesk.
Bis quarterly review, september 2017 55 central bank cryptocurrencies1 new cryptocurrencies are emerging almost daily, and many interested parties are wondering.
The head of blockchain solutions and financial services, jessel lund of ibm, has announced in a reddit that the development of a digital currency of a central bank on the blockchain of stellar has progressed very far and the leek is imminent.
On march 13, 2018, european bank officials discussed the potential of a central bank-backed cryptocurrency and how it would challenge the current banking system.
China is issuing its own cryptocurrency answer to facebook.
There have been discussions, since 2014, concerning central banks and the issuance of digital payment vehicles.
At a time when the bank of international settlements (bis) and some other pessimistic world governments have condemned blockchain technology and digital currencies citing volatility and scalability issues, this island nation has resorted to distributed ledger technology and digital currency in a bid to solve its problems.