COVID-19 | Official online Resource and News Portal. For more information, visit www.sacoronavirus.co.za

Blockchain Solutions for Central Bank Digital Currency

A Central Bank Digital Currency (CBDCs) is a digital form of central bank money, which is legal tender created and backed by a central bank that represents a claim against the central bank and not against a commercial bank or a Payment Service Provider (PSP).

The Consensys site offers basic definitions for understanding CBDCs.