China’s state-backed blockchain project aims to be the Swift of stablecoins and central bank digital currencies

January 21, 2023 R2S 0 Comments

#Chinas #statebacked #blockchain #project #aims #Swift #stablecoins #central #bank #digital #currencies

Red Date Technology, the state-backed company behind the Blockchain Service Network, hopes its new Universal Digital Payments Network will serve the same role as the Society for Worldwide Interbank Financial Telecommunication (Swift), but for stablecoins and central bank digital currencies. Photo: Bloomberg

Source link

Tags: Aims, bank, Bank of East Asia, BLOCKCHAIN, Blockchain Service Network, Central, Chinas, CURRENCIES, Deutche Bank, Digital, HSBC, project, Red Date Technology, stablecoins, Standard Chartered, statebacked, Swift, Universal Digital Payments Network

Road to Success

China’s state-backed blockchain project aims to be the Swift of stablecoins and central bank digital currencies

Leave a Reply Cancel reply

Recent Posts

Recent Comments

Archives

Categories