How A Central Bank Digital Currency Can Disrupt Corruption and Zimbabwe’s Economy
How A Central Bank Digital Currency Can Disrupt Corruption and Zimbabwe’s Economy

Whilst I am not a big fan of central banks joining in the cryptocurrency race through Central Bank Digital Currencies (CBDCs), I am conscious of the benefits such a move could bring to developing economies. A CBDC issued on a public blockchain would be a a win-win situation for both central banks and the public. International media was sent into frenzy in the past week with reports emanating from China that the Chinese government was in advanced stages of launching a CBDC. This will effectively trigger a digital currency race for which China might already be in the lead.

This week…

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Africa Blockchain Media aims at establishing itself as the premier news and information source for everything relating to blockchain across Africa.

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