Connect with us

The Online Technology

On November 7, 2019, Tunisia became the first country in the world to launch its own digital currency backed by actual paper money – CBDC (Central Bank Digital Currency). : CryptoCurrency


Crypto Currency

On November 7, 2019, Tunisia became the first country in the world to launch its own digital currency backed by actual paper money – CBDC (Central Bank Digital Currency). : CryptoCurrency

[ad_1]

It’s not crypto and they don’t claim it is. It’s central bank issued fiat protected with cryptography.

The CEO of Universa, Alexander Borodich, is careful to make the distinction between the CBDC and cryptocurrency. His firm’s use of blockchain means that: “Electronic banknotes cannot be faked – each such banknote, like the paper version, is protected by cryptography, it, like the paper counterpart, has its own digital watermarks. And the production of such a banknote is 100 times cheaper than wasting ink, paper, electricity for the printing press.”

Real Life. Real News. Real Voices

Help us tell more of the stories that matter

Become a founding member

Did you or anyone who upvoted you actually read the article? lmao

[ad_2]

Source link

Subscribe to the newsletter news

We hate SPAM and promise to keep your email address safe

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

To Top