Apr 04 2021

4 Reasons Central Banks Don't Want to Use Blockchain to Issue CBDC

in blog CoinIdol
original entry4 Reasons Central Banks Don't Want to Use Blockchain to Issue CBDC

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The features presented by blockchain would be forcing central banks to adopt and use the technology on a large scale, but some governments including China, Jamaica, etc., don't want their central banks to use the tech in the issuance and distribution of their own state-backed central bank digital currency (CBDC).

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