Australia’s central bank explores the issue of electronic banknotes

13. December 2017.

“An electronic form of banknotes could coexist with the electronic payment systems operated by the banks, although the case for this new form of money is not yet established… The issuing authority could issue electronic currency in the form of files or ‘tokens’. These tokens could be stored in digital wallets, provided by financial institutions […]

Read the rest of Australia’s central bank explores the issue of electronic banknotes at NFC World.

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