HNGlance

Top Best New Show

91% of Central Banks are working on CBDCs, but will not use blockchain

https://illya.sh/threads/@1756336264-1.html

by iluxonchik • 10 months ago

2 1 10 months ago

IL

Related Stories

Loading related stories...

Comments

1

iluxonchik• 10 months ago

85 out of 93 central banks (≈94% of global economic output) are engaged in some form of CBDC work, and while wholesale CBDC (inter-financial institution settlements) are likely to use Distributed Layer Technology (DLT) - it's not going to be a permissionless blockchain like Ethereum

Regarding retail CBDCs - i.e. the CBDC to be used by the broader public (used for ordinary transactions, essentially a digital version of the cash), those likely won't even use blockchain/DLT technology - at least for Advanced Economies

Source preview

illya.sh

HNGlance

© 2024-2026 HN Glance. Story content belongs to its original sources.

Privacy
Terms