Skip to content

concours-ensea.org

Menu
Menu

Nigeria Goes Digital: Seeks Partners for Upgrading eNaira Currency

Posted on 28. Februar 2023 by admin

• Nigeria is in discussions with potential technology partners to create a digital currency system, the eNaira.
• The Central Bank of Nigeria has spoken to New York-based technology company R3 and Bitt Inc., which helped the nation launch its central bank digital currency (CBDC) in October 2021.
• Central banks around the world are exploring similar initiatives in order to stay up with private-sector advancements in digital payments.

Nigeria Seeks Partners for Technological Upgrade of eNaira

Nigeria is currently engaged in discussions with potential partners about creating a brand new system to control and manage the digital currency used by its central bank, the eNaira. According to two people familiar with the situation who declined to be identified, the Central Bank of Nigeria wants to create its own software for this digital currency so that it can maintain complete control over it.

R3 and Bitt Inc. Involved

The Central Bank has discussed its early-stage intentions with New York-based technology company R3, one of these sources claimed. In October 2021, Bitt Inc., which has offices in Draper, Utah, assisted the West African country in launching its central bank digital currency (CBDC), making it the first nation on the continent to do so. Although a new partner won’t immediately replace Bitt: they will help CBN achieve their long-term goal of controlling underlying technology associated with eNaira.

Central Banks Explore Digital Payment Initiatives

Bitt stated that they are working closely with CBN on developing more features and advancements for their digital infrastructure; however many other central banks around the world are also developing similar initiatives due to the need for staying up with private sector developments regarding digital payments. This includes cryptocurrencies and stablecoins as well as work on a ‘digital pound’ colloquially known as ‘bitcoin’ being intensified by Bank of England and UK Treasury officials alike.

Collaboration With Service Providers

CBN is collaborating with numerous service providers when looking into technological advances for their infrastructure; this consists of companies like R3 as well as help from specialists like Bitt Inc when launching their CBDC last year. All these efforts have been geared towards helping Nigeria become cashless while still maintaining full control over any progress made regarding their digital currencies such as eNaira .

Conclusion

In conclusion, Nigeria is continuing talks about creating a brand new system for controlling its own version of cryptocurrency called eNaira while collaborating with various service providers including R3 and Bitt Inc.. Such advances have been seen across multiple nations worldwide due to increased demand for cashless payments systems but some nations remain ahead due to early adoption such as Nigeria’s CBDC launch from October 2021 .

Neueste Beiträge

  • Crypto Trader Erfahrungen: Ist dieser Krypto Broker wirklich seriös?
  • Quantum Flash Review: Is it the Ultimate Bitcoin Trading Scam?
  • Cryptosoft Erfahrungen: Ist dieser Krypto Broker seriös?
  • Is Trader AI the Ultimate Bitcoin Trading Platform? Read Our Review!
  • Bitcoin Supersplit Erfahrungen: Krypto Trading leicht gemacht

Neueste Kommentare

    Archive

    • September 2023
    • August 2023
    • Juli 2023
    • Juni 2023
    • Mai 2023
    • April 2023
    • März 2023
    • Februar 2023
    • Januar 2023
    • Mai 2022
    • November 2021
    • März 2021
    • Februar 2021
    • Januar 2021
    • Dezember 2020
    • November 2020
    • Oktober 2020
    • September 2020
    • August 2020
    • Juli 2020
    • Juni 2020
    • Mai 2020
    • April 2020
    • März 2020
    • November 2019
    • Oktober 2019
    • Mai 2019
    • Januar 2019

    Kategorien

    • adolescente
    • Allgemein
    • Bitcoin
    • Casino
    • China
    • Crypto
    • hardware
    • MP3-Player
    • News Währungen
    • Opera
    • Prozessormodell
    • przestrzeń
    • Ratgeber
    • Trump
    • Updates
    • VPN
    © 2023 concours-ensea.org | Powered by Superbs Personal Blog theme