Chinese government announces more workers will be paid using its new CBDC
WHY THIS MATTERS IN BRIEF CBDC’s let governments cut fraud, track transactions, and increases financial surveillance, and China is at the forefront of deploying the technology. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read about exponential tech and trends, connect, watch a keynote,...
EU mulls offline CBDC transactions to help users maintain privacy
WHY THIS MATTERS IN BRIEF CBDC’s would let the government see every transaction you make, which could be used to stimulate the economy, cut fraud, and “spy” on people, so the EU is thinking hard about how to please privacy critics. Love the Exponential Future? Join our XPotential Community,...
BritCoin could arrive in the next decade says BoE
WHY THIS MATTERS IN BRIEF Countries will eventually embrace Central Bank Digital Currencies, and several are moving ahead already. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read about exponential tech and trends, connect, watch a keynote, or browse my blog. The UK is pushing ahead...
The US Digital Dollar Project finally gets a sandbox launch
WHY THIS MATTERS IN BRIEF In the future your country’s cash could be digital, a game changer that would allow real time economic monitoring and much more. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read about exponential tech and trends, connect, watch...
China’s new digital currency comes with an expiry date for better and worse
WHY THIS MATTERS IN BRIEF As we enter the era of digital programmable money China has now started introducing money that expires, and it can be used to stimulate the economy or just make activists pennyless … Love the Exponential Future? Join our XPotential Community, future proof yourself with...
Australia’s central bank is sceptical on a digital currency, but signals that could change
WHY THIS MATTERS IN BRIEF Countries are creating their own digital currencies to replace their traditional ones, but some are still unsure … Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read about exponential tech and trends, connect, watch a keynote, or browse my blog. As...
China’s national digital currency is now available on WeChat
WHY THIS MATTERS IN BRIEF Future national currencies will be digital, and China is in the lead to create one … Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read about exponential tech and trends, connect, watch a keynote, or browse my blog. It’s been announced...
New survey says central banks are lining up to create CBDCs but not on the blockchain
WHY THIS MATTERS IN BRIEF While blockchain is the technology of the decade, alongside a few others, central banks don’t appear to be fans of it. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read about exponential tech and trends, connect, watch a keynote,...
French central bank successfully completes first test of their sovereign digital currency
WHY THIS MATTERS IN BRIEF National fiat currencies will all one day be digital, and the move’s already starting … Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. France’s central bank has announced it successfully completed a pilot transaction...
Federal Reserve’s Digital Dollar initiative has Wall Street panicking
WHY THIS MATTERS IN BRIEF A CBDC, a government digital currency, could cut the banking middle men, and that’s freaking some of them out. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. The financial services industry, braced for what...
Bank of England jumps on the central bank digital currency bandwagon
WHY THIS MATTERS IN BRIEF A digital national currency would help the unbanked, save governments money, and give them unprecedented real time insights into their economies. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. As several central banks race...
China says its new digital currency will be an insurance policy in case tech giants fail
WHY THIS MATTERS IN BRIEF Tech giants are increasingly powerful and interwoven with society, and the Chinese government is making contingency plans in case they fail. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. China has been at the...
European Central Bank announces it’s seriously exploring a digital Euro
WHY THIS MATTERS IN BRIEF Cash, sooner or later, will die, and several countries are trialling its replacements. Interested in the Exponential Future? Join our XPotential Community, future proof yourself with courses from our XPotential Academy, connect, watch a keynote, or browse my blog. As the use of cash around the world continues to shrink, as...
Sweden starts breaking up with cash as government starts trials of digital E-Krona
WHY THIS MATTERS IN BRIEF Cash use is falling in many countries, so governments are now starting to trial fully digital alternatives. Interested in the Exponential Future? Connect, download a free E-Book, watch a keynote, or browse my blog. Cash is dying as more and more people use contactless payment systems and digital cash,...
China’s central bank is close to launching its own cryptocurrency
WHY THIS MATTERS IN BRIEF As the use of cash falls to record lows around the world central banks issuing their own digital currencies looks more like a matter of when not if. Interested in the Exponential Future? Connect, download a free E-Book, watch a keynote, or browse my blog. Officials from the People’s...
China’s cashless future, PBoC gets ready to launch world’s first national cryptocurrency
WHY THIS MATTERS IN BRIEF The use of cash in society is falling and some of the world’s largest central banks are creating new cryptocurrencies and planning for a future without cash. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my...
