Ex-Head of China’s Digital Yuan Effort Says CBDCs Could Operate on Ethereum – CoinDesk – CoinDesk
The former head of the digital currency initiative at the People’s Bank of China (PBoC) said central bank digital currencies (CBDCs) are set to become more “smart” and could one day operate on blockchain networks like Ethereum.
Yao Qian, now director of the Science and Technology Supervision Bureau of the China Securities Regulatory Commission, said at the weekend that CBDCs shouldn’t attempt to be just a digital form of physical cash, but should incorporate smart contract functionality, Sina Finance…
