Rwandan Central Bank Studying Ways of Issuing Digital Currency | Crypto Craft

  • Rwandan Central Bank Studying Ways of Issuing Digital Currency

    From bnnbloomberg.ca

    The Rwandan central bank is looking into ways it could potentially issue its own digital currency to make the processing of transactions more efficient and to boost economic growth. The National Bank of Rwanda plans to learn from the experiences of central banks such as Canada, Singapore and the Netherlands, which have tested the use of blockchain technology, Financial Stability Director-General Peace Masozera Uwase said in an interview in the capital, Kigali. “There are still concerns about how exactly you convert the entire currency into digital form, how to distribute that and how fast can you process those ... (full story)

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TudorIoan
Aug 23, 2019 12:34am
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Rwanda can't be helped by digitalization alone!

Money itslef can't help nobody! Value doesn't lie in things like money or gold.
Value lies in labour and business, morons!
Hence shit like some encrypted files can't help nobody on long term.

It would be so wrong if a banana country would take advantage from the stability of money created by strong economies ! It would be like stealing form the smart economies.
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vanillaice
Aug 22, 2019 7:51pm
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Rwanda has a very sad history. Hopefully they can get this right and continue moving forward
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