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China’s central bank: don’t transform traditional payment systems using blockchain

China’s central bank: don’t transform traditional payment systems using blockchain – Ledger Insights

Today the Digital Currency Research Institute’s Blockchain Research Group published a paper reviewing the current status of blockchain. The group is responsible for the People’s Bank of China (PBoC) central bank digital currency (CBDC), also known as DC/EP or the digital renminbi. The article reviews the pros and cons of blockchain and concludes that blockchain …




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