The Central Bank of the Bahamas announced that the CBDC will help the economy recover and rebuild after the disaster.

2020-7-16 03:15
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According to CoinDesk, on July 15, the Central Bank of the Bahamas announced the launch of mobile phones as a digital currency (CBDC). The Bahamas struggled to recoup $ 3.4 billion in losses from Hurricane Dorian in September. Partly because of the biggest storm in Bahamian history that ravaged the archipelago's offline banking and payments. The Central Bank of the Bahamas said in a statement that some banks and ATMs have been offline for several months. The Central Bank of the Bahamas believes that building CBDC capacity in mobile phones could lead to a recovery in the future. We hope this will support important tools for recovering damage, such as accepting insurance claims.

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Tip: Cryptocurrencies can be compromised by changing usability, interoperability, etc.
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2020-7-16 03:06