In the next five to 10 years, there will be more changes in the financial system than over the past two decades, PayPal’s CEO predicted.
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Chinese Banks Promoting Digital Yuan Over Alipay Ahead of May Festival
Several major Chinese banks are promoting the use of digital yuan over local payment firms like Alipay and WeChat Pay ahead of the upcoming shopping
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ConsenSys to develop private version of Kakao’s Klaytn blockchain
A private version of Klaytn is in being developed in order to take part in South Korea’s CBDC pilot, to be launched later this year.
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Top Chinese banks promote CBDC over local payment firms for shopping festival
Leading Chinese banks are promoting the digital yuan over Alipay and WeChat Pay for an upcoming shopping festival in China.
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Decentralization is the final frontier for CBDCs
Decentralized CBDCs will most likely pique the interest of the masses much more than their centralized counterparts.
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Asia-Pacific’s solarized digitalization agenda in pandemic times
Amid the COVID-19 pandemic, the role of digitalization has become central to achieving sustainability and lessening climate change.
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