China accelerates plans to become the world’s first cashless society as Covid-19 bites
WHY THIS MATTERS IN BRIEF Covid-19 has accelerated the trials of many different types of technologies, from drones to self-driving cars, and 3D printing, now it’s accelerating the death of cash. Interested in the Exponential Future? Connect, download a free E-Book, watch a keynote, or browse my blog. A couple of years ago the...
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. China’s central bank has announced that it’s going digital, but while that shouldn’t be a surprise to...