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Tag Archives: digital currency

China’s Bank Notes Quarantine, A Case for Digital Currency

Feb 16, 2020

Olusegun Ogundeji

The growing impact of the coronavirus has brought to fore what could be a considerably clear usecase for Chinese digital currency as China battles a deadly outbreak. At a press conference on Saturday Feb. 15, the deputy governor of the People’s Bank of China, Fan Yifei, confirmed that th...

Factors Crucial to 200 Million Blockchain Wallets by 2030

Jan 28, 2020

Olusegun Ogundeji

Findings in a report by top global financial institution, Deutsche Bank, suggest there could exist up to two hundred million blockchain wallet users by 2030 if current trends continue, meaning more projects and users along the line. The estimate is based on a comparison between the adoption rate...

Maybe BIS Membership Slowed China’s Digital Currency Launch

Jan 22, 2020

Olusegun Ogundeji

Several European central banks have announced their coming together with the Bank for International Settlements (BIS) to create a group to share knowledge as they assess the potential use cases for a central bank digital currency (CBDC). The move by the Bank of Canada, the Bank of...