Tag: kit

Essential Business Strategies to Global Cold Light Teeth Whitening Kit Market by Industry Outlook, Dynamics

eTurboNews Syndication:

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Mastercard launches digital currency kit for central banks

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In the 10 years since Bitcoin came on the financial scene, central banks have quietly been dabbling in digital currencies of their own. Now, Mastercard has unveiled a tool designed to simulate how those currencies would work in the real world.

The payments giant announced the project on Wednesday morning, calling it the Central Bank Digital Currencies Testing Platform—a bland title to be sure, but one likely to find favor with cautious central bankers.

For central banks, including the Federal Reserve, a purely digital currency—one not linked to coins or paper bills—would represent a step beyond the existing system of electronic money transfer. A central bank could, for instance, distribute money directly to consumers without relying on commercial banks as intermediary.

State-backed digital money also offers the potential

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