Hello! 👋🏻 In this post, we will tell you about the launch of the Mastercard platform for testing the national cryptocurrency.
📌 Everyone who follows the news of cryptocurrencies knows that China has already begun the implementation and testing of its own cryptocurrency CBDC.
💳 Recently, the Mastercard payment system announced that it has created its own virtual platform for testing such solutions. This will help central banks to conduct R&D in the field of digital currencies.
📈 Central banks around the world have long been interested in the idea of creating their own digital assets. Thus, a study conducted by the Bank for International Settlements showed that about 80% work with CBDC, and about half (40%) are already switching to open experiments, for example, the same China and Thailand.
🚀 With the help of Mastercard, which has established itself as a convenient and reliable payment system, it is hoped that their initiative will accelerate the issuance of CBDCs by central banks.
⚙️ Now MC invites not only central banks, but also commercial banks, as well as fintech companies to evaluate technical solutions in the field of CBDC and check the operability for the mass user.
🔔 According to a statement from Raja Dhamodharna (Executive Vice President, Products and Partnerships for Digital Assets and Blockchains), "This new platform supports central banks as they make decisions now and in the future regarding the further development of local and regional economies."
✅ Cryptocurrencies are rapidly becoming an integral part of our life, there is massive digitalization and soon the rejection of traditional fiat currencies.
✅ We recommend that you pay attention to DSF. Our decentralized social network already allows you to quickly and conveniently buy goods for cryptocurrency, as well as sell your product within the network.
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https://dsft.io/