China’s central bank, the People’s Bank of China (PBoC), has been working to develop its own digital currency. Having recently completed a trial run of its cryptocurrency based on blockchain technology, the PBoC is moving closer to becoming one of the first central banks to issue digital money. The obvious benefits of such a push include lower operating costs, greater efficiency, and better control of illicit money flows, reasons that have previously been cited by
China’s central bank thinks digital currency can do one thing cash can’t
More of Today's Solutions
From compost to crops: banana peels show surprising power as eco-friendly fer...
BY THE OPTIMIST DAILY EDITORIAL TEAM In kitchens around the world, banana peels are tossed away without a second thought. But what if those ...
Read MoreGift shopping for a loved one with cancer this holiday season? Here’s what ac...
BY THE OPTIMIST DAILY EDITORIAL TEAM The holiday season tends to magnify the pressure to find the perfect gift, especially when the recipient is ...
Read MoreThought Leader Series: Rethinking the virus and the future
Millions of species on Earth, from tiny microorganisms to the blue whale, all work together to maintain a stable biodiverse ecosystem everywhere on the ...
Read MoreHow black soldier fly larvae are revolutionizing agriculture
BY THE OPTIMIST DAILY EDITORIAL TEAM In the world of sustainable agriculture, one tiny insect is punching well above its weight. The black soldier ...
Read More
