Curated by www.knowledgeinnovations.com – Your authoritative knowledge source mapping FinTech, Innovations, Artificial Intelligence, Blockchain, Big Data, Machine Learning
October 15, 2022
Welcome to Emerging Tech Trends (ETT), focusing on technologies shaping the future.
In this edition,
China’s CBDC Transactions slows; increase by only 14% in 2022 : Transaction volume of e-CNY increases by 14% from the 87.6 billion yuan ($12 billion) recorded at the end of 2021, indicating a decrease if compared to the 154% growth between June and December of last year
India’s ‘E-Rupee’ to be Piloted; Two versions to be released : The Reserve Bank of India has proposed a phased pilot of its digitalcurrency e-rupee in limited pilot launches, to implement it as an additional form of currency and also an alternative to cryptocurrencies; considering two versions of the CBDC.
Eastern Europe’s Crypto Market Active, With Spikes in Last Year Driven by Russia-Ukraine War : Transaction volume of stablecoin skyrocketed to 67% in March from 42% in January, indicating that businesses are embracing cryptocurrency for international transactions while some of the increase may be due to Russian citizens trading for stablecoins to protect their assets’ value, following Russia’s removal from SWIFT.
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