Central Bank Digital Currency (CBDC) || Tron Fan Club

in Tron Fan Club • 9 months ago

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Central Bank Digital Currency (CBDC) is a digital currency issued by the Central Bank, which acts as the official currency of a country. It works like a personal currency or a credit/debit card, but it is not a cryptocurrency. CBDC is part of a centralized system, so it can be easily exchanged by users like alternative currencies.

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In recent times, the topic of CBDC has gained particular attention as it prepares a normal currency system that can provide many benefits and security to its users. It can appear in two ways as personal digital currency (Personal Digital Currency or PDC) and public digital currency (PDC).

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Transactions through CBDC become technically easier and provide better security of the situation. It can provide efficient and quick completion of every transaction, which can be convenient for personal and business enterprises. It easily collaborates on the network and provides data security provided technically.

Published On:- 15 March, 2024

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9 months ago in Tron Fan Club by
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     9 months ago 

    Upvoted! Thank you for supporting witness @jswit.

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       9 months ago 

      @jswit reply-off

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         9 months ago 

        Some users believe CBDC is cryptocurrency however this article clears a lot of confusion. Thank you for the piece of information.

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           9 months ago 

          Brother has given a very nice explanation about central bank digital currency. Actually I didn't have much idea about it, I understood a lot from here. Thank you, I hope you will benefit from this in the future.

          Posted using SteemPro Mobile

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             9 months ago 

            Appreciate the detailed and conciseness of your article as you highlighted the main points on what CBDC's really is.

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               9 months ago 

              Central bank digital currency (CBDC) was unknown to me, thank you for explaining it so well

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