IBM Says Digital Euro Should be Built on Existing Rails and Ensure Privacy
IBM has shared its ideas on how to make the digital euro successful. They suggest building on existing rails, keeping simplicity and familiarity in mind, involving intermediaries, standardizing APIs, and ensuring privacy. While distributed ledger technology is not essential, blockchain offers the most benefits. IBM advises a slow and steady approach, starting with a minimal viable product and a sandbox environment.
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IBM Says Digital Euro Should be Built on Existing Rails and Ensure Privacy
IBM has shared its ideas on how to make the digital euro successful. They suggest building on existing rails, keeping simplicity and familiarity in mind, involving intermediaries, standardizing APIs, and ensuring privacy. While distributed ledger technology is not essential, blockchain offers the most benefits. IBM advises a slow and steady approach, starting with a minimal viable product and a sandbox environment.