Central Bank Digital Currencies (CBDCs)
Imagine a society in which digital money issued by your nation’s central bank is used for all transactions, including purchasing food, and you no longer carry cash in your wallet. Central Bank Digital Currencies (CBDCs) are a notion that has emerged from the world of speculation to the vanguard of global financial creativity, and they […]
Digital currencies vs cryptocurrencies
Although phrases like “digital currency” and “cryptocurrency” are sometimes used indiscriminately in today’s rapidly changing monetary world, they are not identical. Although they both relate to digital currency, their underlying technology, structures, and purposes differ greatly. Since digital currencies, conventional and decentralized, are constantly changing our perceptions of money, transactions, and international finance, we must […]