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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: G.Belaci on October 21, 2020, 09:47:26 AM



Title: Japan Messaging App LINE Launches CBDC Development Platform?
Post by: G.Belaci on October 21, 2020, 09:47:26 AM
LINE, one of the most popular messaging applications in Japan is currently in discussion with different central banks in Asia for launching a new blockchain platform that facilitates development of central bank digital currencies (CBDCs).

Article: Japan Messaging App LINE Launches CBDC Development Platform (https://www.worldcoinindex.com/nl/news/japan-messaging-app-line-launches-cbdc-development-platform)

LINE is not the first private players to work on a CBDC platform. Last month, payments processing giant MasterCard said that they are planning to launch a new testing platform for central banks to test their own national digital currencies.

Will other companies follows?


Title: Re: Japan Messaging App LINE Launches CBDC Development Platform?
Post by: TastyChillySauce00 on October 21, 2020, 12:02:08 PM
Other companies will be following it too. There's a new thread that has already created by another member if bahama will also try to issue its own digital currency. The FED, European central banks and so many banks have already started to use CBDC in the future.

I have heard that the japan banks have already partnered with the ripple too and what about this partnership? will ripple be abandoned?