Insights on CBDC, Digital Fiat Currency, Standardization and More

A growing number of central banks are considering issuing digital fiat currencies to maximize gains, remain relevant in a digital world.

The ITU Workshop focused on three areas of standardization effort: regulatory requirements, technical architectures, and security.

The discussions around CBDC have been gaining even more momentum in the last year.

The Internet of Things (IoT) is changing the way people, companies and machines interact and transact through connected devices.

The lack of interoperability is still a significant issue and makes it harder for current e-money services to operate at full potential.

eCurrency put forward digital fiat currency as a digital bearer instrument.