Decentralization enables programmability — and that allows stablecoins to wield a key advantage over central bank digital currencies. When it comes to providing stable value, stablecoins andcentral bank digital currencies (CBDCs)appear to serve two sides of the same proverbial coin. Crypto stable ass...
the central bank digital currency (CBDC) will not include restrictions on how it can be used. Users can make conditional payments – a payment is only made if an event happens, but that is within the user’s control. Panetta was speaking...
The Massachusetts Institute of Technology (MIT) Digital Currency Initiative (DCI) has introduced the experimental PArSEC platform. PArSEC — short for "parallelized architecture for scalably executing smart contracts" — is open source and developed with central bank digital currency (CBDC) in mind. Th...
A year ago (March, 2023),I reportedhow the GOP was coming out in public to condemn Central Bank Digital Currencies (CBDC), a sure sign that this was a psyop to get the public upset and fearful over something while the financial system was planning...
The "Co-creating the future ecosystem with Central Bank Digital Currencies" white paper notes that China's Greater Bay Area is prime real estate to test CBDCs, given the diversity of currencies in the area.
september 15, 2021, 1:40pm edt share the block quick take china has quietly made its standalone digital yuan mobile app available to almost 10% of the population. the latest step in a long, gradual rollout of the central bank digital currency reveals how it can be programmed through smart...
Taking up a challenge from Brazil's central bank, Visa has built a prototype of a programmable finance platform for farmers using a CBDC. Visa was one of nine firms picked by Banco Central do Brasil last year to participate in the ’Lift Challenge Real Digital’, investigating various aspects...
shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia“ award by Global Finance for 14 consecutive years from 2009 t...
digital coins in absence of a trusted third party (TTP)), and further research efforts are needed to explore options to preserve the privacy of payments, as per the mandates of numerous central bank digital currency (CBDC) exploratory initiatives, such as the digital euro. Moreover, generic ...