What is CBDC or Central Bank Digital Currency

CBDC or Central Bank Digital Currency is a new type of currency that is being researched and preliminarily developed around the globe by central banks that are pursuing currency innovation through the consumption of blockchain technology and this light 2 page consultation provides basic information you need to know to get a foundational outlook on the new prospect that is exciting central banks and global financial institutions around the world who are looking at what is dubbed CBDC or Central Bank Digital Currency.