Category: CBDC

Today cryptocurrency is considered a better form of money for different reasons. All thanks to its attributes from transaction immutability to security and privacy. However, its volatile nature limits its applications in finance. The price of the cryptocurrency, expressed in terms of fiat currency, keeps fluctuating. If we take the last year’s impression to study, the Bitcoin price nearly quintupled to a new high before losing half of its value and then rebounding further. This […]

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Payment modes are ever-evolving. It has changed dramatically in recent years that subject experts believe the evolution is much beyond the control of existing infrastructure. Let’s look at the payment switches that have globally taken place. In Africa, the unbanked have been enabled to make payments using their mobile phones. In Asia, there has been a move to reduce the number of cash payments by reducing large denomination notes and removing coins. In Europe and […]

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