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CBDC Report- China & UK Planned Digital Currency Not Based on Blockchain

by CBDC Insider Staff
March 28, 2020
in Asia
Reading Time: 1min read
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CBDC Report- China & UK Planned Digital Currency Not Based on Blockchain
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. Blockchain/ DLT not necessary to construct CBDC, according to China’s Central bank and Bank of England.
. CBDCs are essential to make a better financial system and to boost economic growth.
.With CBDCs, the economy can transform into a digital economy; i.e., it will be based on digital and computing technologies.

Continue Reading: https://koinpost.com/cbdc-report-china-uk-planned-digital-currency-not-based-on-blockchain-the-decentralized-nature-of-the-blockchain-conflicts-with-the-central-banks-cbdc/

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