The Bank for International Settlements (BIS) says central bank digital currencies (CBDCs), which are new forms of digital fiat guaranteed by governments, could be the future of money. In a new annual economic report, the BIS reveals that central banks are well-positioned to trigger innovative changes in the current payments infrastructure. “Technology – in particular,…
Overwhelming speed and ‘innoventive’ quality of technological developments are boldly disrupting corporates across industry sectors, touching lives of common people, and transforming their way of living life. Technologies like Blockchain, are expected to bring in foundational changes in a nation’s economic and societal ecosystem.
— Read on blog.tresconglobal.com/articles/digital-transformation-thats-whats-happening
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