Digital money has been actively developing over the past few years. They help to transform the business process🌀
There are Digital 🆔, payments, payment for goods and services through social networks, IoT, and much more.
🌐 The World Bank has carried out studies recently. More than 20% of 66 central banks are considering using digital currencies in the next 2-4 years. And there is a logical explanation for this.
Digital money transactions do not require peer-to-peer intermediaries. They are cheaper and faster in comparison to traditional currencies.
The success of crypto projects and the emergence of the crypto industry make many people turn their attention to digital assets💢
🔗 Blockchain technology will expand access to financial services, such as improving the efficiency, reliability, speed of transactions, lower processing costs, and new business opportunities.
The potential of the technology is impressive from applications for disbursing loans (Teneos), making payments and settlements (Kaoun), and managing identity and health data (Aenco) to maintaining data registries (Zenome).
The boom in digital currencies is expected to continue into the next decade. The growth driver is a powerful digital infrastructure, ready for the massive proliferation of these currencies.