A global digital currency in the works

With the likely onset of digital currencies like Facebook's libra, the Bank of England, along with other international banks, is keen to consider a central bank digital currency (CBDC).
By: spire research and consulting
 
GURUGRAM, India - March 30, 2020 - PRLog -- Together with the Bank of International Settlements (BIS), this initiative includes central banks of Japan, Sweden, Switzerland and the Eurozone.

This may help improve the efficiency of cross-border transactions and payment systems, while potentially reducing dependence on the US banking system.

Can a single digital currency pave the way for a common global currency?

Spire Research and Consulting was established in 2000 to address a gap in the research and consulting industry in global emerging markets. Unlike most agencies that focus on traditional consumer research, our founders saw a profound need for holistic research projects.

These projects integrate traditional customer research with knowledge of the broader business eco-system; for instance, competitors, channels, legal and regulatory factors. They support strategic decision-making for market growth and entry. Our studies provide indispensable tools for creating business plans, setting sales quotas, quantifying budgets and investment as well as making product launch decisions.

Spire exists to undertake such projects with distinction.

https://www.spireresearch.com/newsroom/spirethoughts/a-global-digital-currency-in-the-works/
End
Email:***@spireresearch.com Email Verified
Phone:124288915
Tags:Digital Currency
Industry:Business
Location:Gurugram - Haryana - India
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse



Like PRLog?
9K2K1K
Click to Share