POSTS TAGGED : CBDC

Use of Digital Yuan in Global Trade

CBDC would replace paper currency, and people would use digital yuan for global trade. Websites like AltcoinSideKick.com offer trading features and much more for bitcoin traders. It has significant implications for China, the US, and international trade as digitalized currencies become more established.

Digital Yuan

Currently, all international payments are conducted through bank accounts or similar manual methods, with time-consuming transaction processing often leading to errors and slow procession of goods. With the use of digital currency in global trade, the process would be streamlined and automatic, allowing for more significant international trade.

The daily number of international payments made amounts to over 60 billion dollars.…

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How China Plans to Make The Digital Yuan Popular?

You all know that China is doing hard work to turn over the digital Yuan. The technology giants of china, like Alibaba and Tencent, cross over the board. But the challenges are also high, and it is not easy to cross over. One question stands out: will the citizens of China, who already have two leading mobile payment apps operated by these same firms, start using digital Yuan? It is a big question.

Digital Yuan

The People’s Bank of China, the country’s chief bank, has been practicing the digital form of cash and coins since 2014. It is also known as e-CNY, designed to remove cash.…

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Why eKrona is Superior to Other Cryptocurrencies?

If you observe the market scenario for past ten years, you can easily identify that the world is moving toward a cashless society very quickly. Now more than 50% of payments are made by credit cards and by using other online money transfer services.

eKrona

The new addition to this trend is a cryptocurrency, which is gaining popularity very fast among big businesses. There are more than two dozen giants who have officially announced to accept cryptocurrencies as payments.

Buying crypto coins for trading or saving has many other additional features too. Unlike fiat currency, the value of cryptocurrencies is not the same all the time.…

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All you Want to Know About The eKrona

Cryptocurrencies have changed the global perspective about the payment system a lot. Now big businesses and online stores are thinking to accept this digital currency in the nearest future. This news has brought up a great revolution in the crypto market and that is why the value of crypto-coins has achieved ever highest position.

eKrona

But one of the negative things about all cryptocurrencies is that these currencies are not regulated by any authority. This is the drawback of this currency that might be stopping you to invest in it.

At that tie, if you want to invest in a regulated cryptocurrency, There is no choice than investing in the eKrona.…

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