The above gave a list of benefits the BOJ think the digital currency will bring but it noted that they did not go the blockchain root. Seem like the bank is saying it is easy to implement a central bank digital currency at this time than a blockchain. They reasoned that it would seamlessly integrate with the legacy system that now exist. However I think it is a step in the right direction. While we are World beater in many thinks we seems to log behind on others. One such is in Fintech and banking overall. We making slow progress in Fintech and our macro economic management. We are getting closer to ten years of good economic management. However we still don't have a globally rated bank. I think because money generally don't feel safe in emerging economy like ours and our long history of poor macro economic management...
https://www.jamaicaobserver.com/sunday-finance/a-primer-on-boj-s-central-bank-digital-currency_217519?profile=1056
The above gave a list of benefits the BOJ think the digital currency will bring but it noted that they did not go the blockchain root. Seem like the bank is saying it is easy to implement a central bank digital currency at this time than a blockchain. They reasoned that it would seamlessly integrate with the legacy system that now exist. However I think it is a step in the right direction. While we are World beater in many thinks we seems to log behind on others. One such is in Fintech and banking overall. We making slow progress in Fintech and our macro economic management. We are getting closer to ten years of good economic management. However we still don't have a globally rated bank. I think because money generally don't feel safe in emerging economy like ours and our long history of poor macro economic management...