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China’s plan to integrate CBDCs into BSN blockchain right on track
China’s Blockchain-based Service Network (BSN) has put plans in place to integrate central bank digital currency (CBDC) before the end of the year. The universal digital payment network (UDPN) is currently at its design phase, which will be completed in five years. However, the beta version will go live in the second half of 2021, and plans for its launch have gone far, according to a blog post. The plan is to integrate CBDCs from different nation-states into the network when it finally goes live. BSN wants to roll out the next-generation set of the internet that supports and integrates several private and public ... (full story)
