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The Bank of Namibia set to launch its CBDC project
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[QUOTE="Flow-er, post: 240986, member: 71012"] The Central Bank digital currency is a global product that most of the countries are actually adopting. This is because the world is gradually becoming a global village via the digital system and the old financial platform are actually phading out. It is very pertinent for these countries to join the bandwagon of the Central Bank digital currencies project. In my home country ,Nigeria , has also adopted a Central Bank digital currency and it is currently at it peak. China is the first country that use the Central Bank digital currency and it was launched on a blockchain technology that could use a smart contract. It will be a very good development if the blood chain that was adopted for the Central Bank digital currency could accept smart contracts. The smart contract enabled features will allow so many things to be integrated into the CBDC project. This is a decentralized platform that could be used for so many things. You have seen countries that uses the smart contract for the electioneering campaign. The beauty of the smart contract is that it will allow his self executed transaction ,it could not be tempered by a third party. The smart contract has a lot of goodies that could be used better the economy. [/QUOTE]
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The Bank of Namibia set to launch its CBDC project
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