Re: Sweden considering a digital currency, bitcoin technology comes in mind.

Quote from: sharkbaitzero on September 26, 2017, 06:10:21 PM

Quote from: zycrypto on September 26, 2017, 03:42:05 PM

Swedens are reportedly not making active use of cash this year has also been recorded as the lowest level of banknote usage over the past 30 years.

In a press release from the worlds oldest central bank of sweden ,Sveriges riksbank, they stated that..

"Today, cash is used to an ever-decreasing extent in Sweden, which has led us within the
world of central banking to start considering whether a digital complement to cash that is
guaranteed by the state is needed so that we will be able to promote a safe and efficient
payment system in the future too"

Read More=> https://zycrypto.com/sweden-considering-digital-currency-bitcoin-comes-mind/

Japan creating J coin, too

Both Sweeden and Japan will develop their own digital fiat currency, but without the blockchain technology. Or, if they use blockchain technology, it will be centralized. Maybe the commercial banks will run the nodes in the country, so it can be a blockchain like system, but central banks are interested only in centralized models, just to make sure they not lose their influence on the country's money.