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Breitbart / National-Security
by John Hayward
3/9/2018
Outgoing People’s Bank of China governor Zhou Xiaochuan held a press briefing on Thursday in which he dropped a few hints about the launch of China’s new digital currency, known as “DCEP” for Digital Currency Electronic Payment.
The great lingering question about DCEP is whether it will be a full-blown cryptocurrency intended to compete with Bitcoin, or a less ambitious financial instrument meant to streamline electronic payments.
BitsOnline quotes reports from the news conference and subsequent analysis that Zhou did not say much beyond confirming that the long-rumored Chinese digital currency project is real, and revealing its rather clunky name. The strongest evidence that DCEP could be a cryptocurrency is that the People’s Bank of China has been researching blockchain technology since 2014, and by its own account began testing a Bitcoin-style platform in 2015.
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View the complete article including images and links at:
http://www.breitbart.com/national-se...y-launch-2019/
by John Hayward
3/9/2018
Outgoing People’s Bank of China governor Zhou Xiaochuan held a press briefing on Thursday in which he dropped a few hints about the launch of China’s new digital currency, known as “DCEP” for Digital Currency Electronic Payment.
The great lingering question about DCEP is whether it will be a full-blown cryptocurrency intended to compete with Bitcoin, or a less ambitious financial instrument meant to streamline electronic payments.
BitsOnline quotes reports from the news conference and subsequent analysis that Zhou did not say much beyond confirming that the long-rumored Chinese digital currency project is real, and revealing its rather clunky name. The strongest evidence that DCEP could be a cryptocurrency is that the People’s Bank of China has been researching blockchain technology since 2014, and by its own account began testing a Bitcoin-style platform in 2015.
.................................................. ..
View the complete article including images and links at:
http://www.breitbart.com/national-se...y-launch-2019/