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Ripple Receives Best Sustainability Initiative Award for CBDC Advancements at 2023 Digital Currency Conference

11Jul

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Ripple Receives Best Sustainability Initiative Award for CBDC Advancements at 2023 Digital Currency Conference

In an exciting development for Ripple and its Central Bank Digital Currency (CBDC) division, Antony Welfare, the division's Advisor, took to Twitter to share the company's remarkable achievement at the prestigious 2023 Digital Currency Conference. Ripple received its first-ever CBDC award, recognizing their exceptional advancements in digital currency and specifically lauding their Best Sustainability Initiative. The award was bestowed by Currency Research, a renowned global resource for central banks and their suppliers. Read Also: Crypto Market Teeters at Critical Stage as Renowned Lawyer Teases Imminent Shift Ripple Now Becomes the Best Sustainable Initiative award for CBDC. https://twitter.com/AntonyWelfare/status/1678439804143370242 Welfare, tweeting from the Ripple NYC office...

Ripple Product Manager Contributes To Newly Released Paper By The Digital Euro Association

In recent news, a product manager at Ripple who focuses on central bank digital currencies (CBDCs) has contributed to a new paper released by the Digital Euro Association. The association is a non-profit organization that aims to promote the adoption of a digital version of the euro. The blockchain payments company disclosed this in a tweet today. The latest paper from the think tank explores privacy controls for central bank digital currencies (CBDCs), as explained in an accompanying blog post. Read Also: Rexyz Predicts That Terra Classic (LUNC) Could See A 10X Increase If Its Market Cap Reaches Shiba Inu's https://twitter.com/Ripple/status/1640504979558481924 Ripple Product Manager Contributes to a paper titled "Exploring the digital euro The paper, titled "Exploring the digit...

What Is The Future Of Central Bank Of Digital Currencies (CBDCs)

The rise of digital currencies, such as Bitcoin, has sparked a debate about the future of money and the role of central banks in managing it. Central bank digital currencies (CBDCs) have emerged as a potential solution to this issue. CBDCs are digital versions of fiat currencies that are issued and backed by central banks. This article explores the future of CBDCs, including their potential benefits, challenges, and impact on the global financial system. Benefits of CBDCs CBDCs offer several potential benefits over traditional fiat currencies. First, CBDCs could reduce the cost and time associated with traditional payment systems. Traditional payment systems are slow, expensive, and often require intermediaries. CBDCs could eliminate the need for intermediaries and provide instant, low-c...