Decoding CBDCs: The Future of Digital Currency Explained| Cards and Payments - Part 22

Hi All

This is the next part in the cards and payments series . Please don't forget to like, share and subscribe

A Central Bank Digital Currency (CBDC) is digital money issued by a country's central bank. It's like cash but exists in electronic form. You can use it to pay for things online or in stores, just like using your credit card or a mobile payment app. Unlike cryptocurrencies, CBDCs are backed by the government, making them stable and secure.

Chapters:

What is CBDC: 00:16:10
Types of CBDC: 00:03:48
Technology used in CBDC: 00:04:16
Example to under Normal Payment vs CBDC Payment 00:08:10
Benefits of CBDC :00:11:30
Bank of England Reference Link Walkthrough 00:14:12

References used in the video:

https://www.mastercard.us/content/dam...
https://www.bankofengland.co.uk/the-d...
https://www.imf.org/en/Topics/fintech...

Master the Cards and Payments Domain with lots of hands on practice ! Enroll in my Udemy course using my referral link and boost your career today

https://www.udemy.com/course/understa...

Connect with me for a 1:1 discussion or access the presentations used in my videos here :
https://topmate.io/ezeefied

Videos and Pics credits:

Video by Bedrijfsfilmspecialist.nl: https://www.pexels.com/video/a-comput...

Video by Pixabay: https://www.pexels.com/video/busy-tex...

Video by Monstera Production: https://www.pexels.com/video/animatio...

Video by Kampus Production: https://www.pexels.com/video/man-orde...

Video by Kampus Production: https://www.pexels.com/video/a-custom...

Images from www.pexels.com

Now you can login to http://ezeefied.com for all you needs on Cards and Payments Domain , Business Analysis , Data and Analytics .Do let me know what you think about the website by either leaving a comment on Youtube here or use the query form on the website . Thank a lot guys, your encouragement means everything to me .

Please don’t forget to Like, Share and Subscribe this video