Here’s how an Ethereum-based CBDC can help central banks

Here’s how an Ethereum-based CBDC can help central banks – AMBCrypto

Central Bank Digital Currencies [CBDC] have gained prominence at the 2020 World Economic Forum. ConsenSys released a whitepaper that outlined a practical proposal for central bank digital currencies on the Ethereum blockchain. The whitepaper stated, “We propose that central banks issue CBDC on a large-scale, private, permissioned, Ethereum-based network in which central bank appointed intermediaries act as nodes.”