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Author Topic: Philippines to Develop Blockchainless Wholesale CBDC in Two Years  (Read 277 times)

Offline sirty143

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Philippines to Develop Blockchainless Wholesale CBDC in Two Years

The Central Bank of the Philippines will develop a central bank digital currency (CBDC) in the next two years, according to Governor Eli Remolona Jr. The still unnamed CBDC will focus on the wholesale market and won’t use blockchain tech, instead relying on the Philippine Payment and Settlement System, owned and operated by the central bank. https://news.bitcoin.com/philippines-to-develop-blockchainless-wholesale-cbdc-in-two-years/

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Re: Philippines to Develop Blockchainless Wholesale CBDC in Two Years
« Reply #1 on: March 02, 2024, 11:44:05 AM »
Parang okay siya kung gagawa ng ganitong currency ang bansa natin na hindi reliant sa blockchain. Parang first time ko lang makarinig ng ganito na blockchainless pero CBDC. Kasi karamihan sa mga CBDC ay sinasabing supported ng isang blockchain na nag agree silang piliin at gamitin. Kahit ano naman gawin ng bangko sentral natin, mapablockchain o blockchainless yan ay sila naman ang may kontrol sa ganyang bagay pero bakit hindi nalang nila i-empower yung mga digital wallets na existing ngayon?

 

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