We offer Blockchain Solutions for Banking Institutions.
Digital Currencies are Revolutionising the Banking Industry
Digital currencies are a digital form of money. With a rise in cryptocurrency adoption and Central Bank Digital Currency (CBDCs), Banking institutions need to start exploring digital currency banking and platforms.
Core banking solutions to launch a digital asset bank.
Central Bank Digital Currencies.
What Are the Use Cases of CBDCs?
CBDC can be built for retail and/or wholesale payments. While a retail CBDC refers to a digital version of cash, a wholesale CBDC refers to a new infrastructure for interbank settlements. Central banks that have been exploring CBDC have been focusing especially on fast, low-cost payments.
Why Blockchain and Ethereum for CBDC?
Ethereum in particular is the most production-ready blockchain
to support CBDC requirements in terms of scalability and privacy
Innovative products and services
A blockchain-based CBDC benefits from the innovative products and services that are being built across the open source blockchain ecosystem, including non-custodial wallets, zero-knowledge cryptography, and decentralized finance. Ethereum is the largest blockchain ecosystem in the world, with over 350,000 developers.
Privacy and Independence
A blockchain-based CBDC enables central banks to control the currency while protecting the privacy and independence of the CBDC’s use to the end users. We believe it is critical that users are not locked in by intermediaries so that they trust and use the CBDC.
Trust and transparency
Distributed systems such as blockchains ensure data availability and resilience, in addition to trust and transparency around transaction history. Ethereum has proven its capacity to support very large networks with 10k+ nodes and hundred thousands of users.
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