CBDCs

Retail CBDCs on the Algorand Chanin; A New Payment Path For Emerging Economies

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Emerging economies are wrought with fragmented payment infrastructure that operates in silos. Not limited to only emerging economies is the cost and time it takes to clear cross-border and interbank settlements using the SWIFT infrastructure. International settlements can take up to 5 business days while the transaction charges continue to erode the income of low-income …

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Takeaways from the Algorand Virtual Q&A On “CBDC & Future of Financial Infrastructure”

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The purpose of the Q&A was to discuss CBDC and how their adoption could shape the financial infrastructure globally. The Algorand blockchain is a leading pure proof-of-stake protocol that supports various blockchain uses cases such as borderless financial system and decentralised identities among others. Recently, the Marshall Islands announced plans to launch its CBDC on …

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