🔴World Bank Takes Shelter Inside FinTech & DLT
🔻Global economy is facing the worst recession since the great depression during the late 2000s. Consequently, major trade corporations are taking extreme measures to weather the current crisis with the least consequences. The World Bank recently issued a 70-page report to investigate blockchain’s capacity to provide financial solutions.
According to the report, distributed ledger technology (DLT), stablecoins, central bank digital currencies (CBDCs), payment tokenization systems, data analytics and cloud computing are key fintech and blockchain-related developments that may provide proper solutions for issues in the realm of cross-border payments.
#World_Bank
#fintech
#CBDC
#DLT
🔻Global economy is facing the worst recession since the great depression during the late 2000s. Consequently, major trade corporations are taking extreme measures to weather the current crisis with the least consequences. The World Bank recently issued a 70-page report to investigate blockchain’s capacity to provide financial solutions.
According to the report, distributed ledger technology (DLT), stablecoins, central bank digital currencies (CBDCs), payment tokenization systems, data analytics and cloud computing are key fintech and blockchain-related developments that may provide proper solutions for issues in the realm of cross-border payments.
#World_Bank
#fintech
#CBDC
#DLT