Balancing the Scales: Weighing the Advantages and Risks of Central Bank Digital Currency
Imagine a world where money exists solely as digital code, and transactions are lightning-fast, low-cost, and secure. This could be the reality with the widespread implementation of Central Bank Digital Currency (CBDC), a new form of money that is being actively explored by central banks around the world. While the concept of digital currency is not new — cryptocurrencies like Bitcoin and Ethereum have been around for years — CBDCs are unique in that they are issued and regulated by central banks, creating a digital representation of a country’s national currency.
A Multi-Channel Approach to Using AI in Finance
Artificial Intelligence (AI) has already made a significant impact in the world of finance as more banks recognize the value it brings for their bottom line and their customer’s safety. It will continue to do so as new technologies emerge.
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A blog about AI and technology typically covers the latest advancements in artificial intelligence, cyber security, robotics, and other cutting-edge technologies.