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Amid COVID-19 outbreak, China starts trial of digital currency

by CBDC Insider Staff
May 12, 2020
in Business
Reading Time: 1min read
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Amid COVID-19 outbreak, China starts trial of digital currency
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Beijing/IBNS: Amid financial meltdown globally due to COVID-19 outbreak, China’s central bank—People’s Bank of China (PBoC)— recently introduced the trial of a homegrown digital currency across four cities, media reports said.
The category of digital technology includes cutting-edge technologies of ABCD – artificial intelligence (AI), blockchain, cloud computing and big data, reported Global Times.

Continue read: https://www.google.com/url?rct=j&sa=t&url=https://indiablooms.com/world-details/F/24202/amid-covid-19-outbreak-china-starts-trial-of-digital-currency.html&ct=ga&cd=CAAYGjIaMWRkNjI3OGY2ZWZkYjQxNDpjb206ZW46VVM&usg=AFQjCNE6DRxEKg5M-AFhrH5qG-n7CP78DA

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