Us is trying an digital currency

  According to a report on Thursday, the Secretary of State has finally joined forces to gather information about you and the National Digital Currency Testing (CBDC). Cryptopotito's report's Lael Brinnard, Senior Official of Guidance Thursday, Internationally-Oriented Virtual Journalism with Other Financial Services Programs, with Special Guide Using the Boston Branch of the Authority and the Massachusetts Institute MIT), currently underway. According to Brinard, both institutes can allow you to use the International Blockchain blog annually. Symptoms: The potential impact of the national digital currency on the existing system is available. Brinard Description: We can find our time and we can find it and we are witnessing that you will succeed by changing digital locations and digital currency in the center around the world of Kurdistan. It is provided to you and provided by special services. Although federal is enough, you can regularly go to Brazil using reputable and reputable services, you can use your reputable services to regularly destroy your brothers. He stressed that it could clearly be done to provide research.Before the central bank can offer or use this digital currency, it is necessary to follow a formal policy process. Also, this decision creates many legal ambiguities for the government and other stakeholders that need to be resolved. Brinard noted that the Federal Reserve has not begun the process and has not yet made a decision to begin. In addition, Brinnard added that the findings of the experiment will be published and that its base code (Codebase) will be made available to the public through open source software for testing. James Cunha, Senior Vice President of the Boston Federal Reserve, who is leading the project, explained that the first step is to develop an engine and software that meets the needs of the national digital currency for a country the size of the United States. According to Kuna, the high volume of transactions, security and privacy are some of the major challenges facing the project. The United States has just begun a pilot phase of its national digital currency, with other countries, such as China and South Korea, leading the way in examining, offering, and using national digital currency. Many major companies in various industries are testing China's digital yuan on a large scale. In late July, Meituan Dianping, a food delivery giant in China and a subsidiary of Tencent, China's national digital currency, can launch China's national digital currency on its web-based platform to buy food, daily consumer goods and Retail service tested. China's Ministry of Commerce has officially announced that it intends to implement the country's national digital currency pilot program in major Chinese cities, including Beijing. The announcement of this ministry states: The Renminbi Digital Pilot Project (the renminbi is the official currency of China) has been completed with the realization of favorable conditions in cities and regions such as Beijing, Tianjin, Hebei, the Yangtze River Delta, the Guangdong-Hong Kong-Macao Bay region and other central and western regions. The announcement goes on to say that the People's Bank of China is leading the digital yuan project. It is unknown at this time what he will do after leaving the post, but policies are expected to be completed by the end of this year. Earlier this year, China's central bank announced the launch of a "digital currency / electronic payment" project in four cities: Shenzhen, Suzhou, Chengdu and Xi'an. Recently, Didi, China's smart taxi request service, announced a joint venture agreement with the Central Bank of China's Foreign Exchange Research Institute. As it turns out, the use of Chinese digital currency in this service is going to be tested. The Bank of China has been researching and developing its digital currency project since 2014, however, no official date has been set for the launch of the project. The Chinese Ministry of Commerce has stated that the government's technological efforts pursue a fundamental goal and that is nothing but to upgrade and improve China's economy.