Altcoins Talks - Cryptocurrency Forum

Further Discussions => Banks & Cryptos => Topic started by: sirty143 on June 03, 2020, 10:00:14 AM

Title: CBDCs With a Twist: The Public-Private Solutions Needed for Adoption
Post by: sirty143 on June 03, 2020, 10:00:14 AM

CBDCs With a Twist: The Public-Private Solutions Needed for Adoption

(https://i.imgur.com/m8E2Eyjl.jpg)

Crypto pundits believe that central bank digital currencies based on public-private partnerships could see the light of day much sooner, as many solutions under development use the approach. See more for yourself here (https://cointelegraph.com/news/cbdcs-with-a-twist-the-public-private-solutions-needed-for-adoption).

Your opinion is greatly appreciated.

Title: Re: CBDCs With a Twist: The Public-Private Solutions Needed for Adoption
Post by: Noverteno on June 12, 2020, 07:26:15 AM

Yes, this is precisely the approach that the Chinese government is now using to create its digital renminbi. There, commercial banks are attracted for this, which are already actively participating in testing the digital renminbi and will continue to participate in its distribution. Apparently, they also have a part of financial obligations.
However, I have not heard of other similar cases.