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Judul : 🏦 Nigeria's CBDC Now Has A Website
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🏦 Nigeria's CBDC Now Has A Website

The African nation's eNaira CBDC is expected to launch next month.

Hey Blockster, In the last few months, central banks worldwide have entered into a heated race to roll out their own digital assets. However, unlike most cryptocurrencies we know today (e.g., Bitcoin, Ethereum, Litecoin, Dogecoin), central bank digital currencies (CBDCs) utilize a centralized architecture maintained by the government. While this offers increased control over the network for the central bank, CBDCs feature inexpensive and instantaneous transactions without the necessity for intermediaries like correspondent financial institutions. For that reason, CBDCs are the centralized, government-issued, and controlled versions of cryptocurrencies aiming to create a more efficient financial system. While China is way ahead in the race among big economies, the Bahamas was the first nation to launch its CBDC called the Digital Bahamian Sand Dollar. In the meantime, other countries have achieved quite some progress in their CBDC projects. One of them is Nigeria, where the website of the African nation's eNaira central bank digital currency has recently gone live ahead of its scheduled October release. To learn more about the story, we highly recommend checking this article out on Blockdesk. Ready for more crypto stories? Take a look below to find the top articles we have collected for you right from Blockdesk: How Crypto is Set to Change Property Sales – Smart Contracts and NFT Deeds – Crypto and blockchain have disrupted numerous industries to date, including finance, healthcare, supply chain, and gaming. Now, it is set to supercharge property sales with smart contracts and NFT deeds. Why Dogecoin Will Always Be Around – Even If It Becomes Worthless – Dogecoin (DOGE) is among the most controversial cryptocurrencies on the market due to the massive hype from the likes of Tesla chief Elon Musk behind the project. However, one thing everyone can agree on is that the world's most famous memecoin will always be around – even if it becomes worthless. Top 3 Best Ethereum Layer-2 Scaling Solutions: Optimistic Rollups, ZK-Rollups, and Sidechains – Ethereum has long been struggling with high gas fees due to its limited throughput and the massive usage of its network. Layer-two scalability solutions seek to solve this issue, which we will explore in this article. Chinese Autonomous Region Seizes Over 10,000 Crypto Mining Machines – China has been infamous for its anti-crypto stance. And, amid a new crackdown on digital currencies, authorities in Inner Mongolia have confiscated over 10,000 cryptocurrency mining equipment. Hope you enjoyed the stories we have collected for you today. See you tomorrow, when we will return with a new batch of exciting Blockdesk articles. Be sure to check your inbox! Cheers, The Blockster Team © 2021 Blockster. All rights reserved This message was sent to lelakikelasmenengah@gmail.com by info@blockster.com Queensway, Midtown, Giblartar GX11 1AA, Gibraltar Unsubscribe | Manage Subscription | Forward Email

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