EURO Digital Currency
Lagarde Says Her ‘Hunch’ Is That ECB Will Adopt Digital Currency:
As reported on Bloomberg, “European Central Bank President Christine Lagarde signaled that her institution could create a digital currency within years in what would be a dramatic change to the euro zone’s financial sector.
‘My hunch is that it will come,’ Lagarde said Thursday during a virtual panel discussion hosted by the ECB. ‘If it’s cheaper, faster, more secure for the users then we should explore it. If it’s going to contribute to a better monetary sovereignty, a better autonomy for the euro area, I think we should explore it.’
The president said it might be two to four years before the project could be launched as it addresses concerns over money laundering, privacy, and the technology involved…
Discover How to Earn Crypto
Coinbase is a secure online platform for buying, selling, transferring, and storing digital currency. Our mission is to create an open financial system for the world and to be the leading global brand for helping people convert digital currency into and out of their local currency.
We make buying and selling digital currency easy…
What is Chainlink?
Chainlink is a decentralized oracle network built on the Ethereum network, founded by CEO Sergey Nazarov. The Chainlink network has made a name for itself by providing reliable tamper-proof data for complex smart contracts on any blockchain.
ChainLink is a decentralized oracle network that provides real-world data to smart contracts on the blockchain. LINK is the digital asset token used to pay for services on the network.
To understand the benefits of ChainLink and how it functions, you need to understand some fundamental, interconnected concepts. Let’s start with smart contracts…