Adopting New Technology
Though disruptive technologies are appearing at an ever-faster rate, it can take years, or even decades before they are adopted by governments.
Blockchain is one of these disruptive technologies, since it allows data to be communicated completely securely across a public or private ledger, in a way that is both cheap and irreversible. This technology has mostly been adopted for a large number of public cryptocurrency projects, which allow holders to transfer value across borders, without worrying about censorship, high transaction or remittance fees, or fraud.
Continue read: https://cryptodaily.co.uk/2020/09/why-cbdcs-might-be-the-next-big-thing-in-crypto
