The world’s First CBDC (Central Bank Digital Currency)?
What an exciting time in the Blockchain world and the world of Crypto Currencies…..
Whilst the Crypto Currency market has seen a decent return from the early 2018 lows, and Bitcoin is seeing a great comeback, there has been plenty of discussions around the topic of CBDC (Central Bank Digital Currencies):
A CBDC is a “new form of money that is legal tender and digitally issued by a Central Bank or a Monetary Authority (that is a digital representation of sovereign currency)”
Whilst most governments’ around the world are in the process of discussing and evaluating their own CBDC, The Bank of Lithuania has recently announced their new LBCOIN, as the worlds first Blockchain based central bank issued Coin
Here is the article in full: