Blockchain technology and Central Bank Digital Currency (CBDC) make payments possible in the future.
Blockchain technology has completely changed the banking industry by enabling peer-to-peer transactions without the need for middlemen. The advent of Central Bank Digital Currency (CBDC) has given blockchain technology a new angle that is revolutionizing how people and companies will make payments in the future.
Read More: Sergey Kondratenko + Fintech
Governments and banks began focusing more on integrating digital assets into their operations and economies some time ago. One example of how the public has acknowledged the necessity for responsible development of such assets is the executive order issued by the US president titled "Responsible Development of Digital Assets." Because CBDC is a more safe option than cryptocurrency, banks and governments are aggressively seeking it out.
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