The Reserve Bank of Zimbabwe plans to issue a digital currency, that is backed by gold. This move shows Zimbabwe’s commitment to the adoption of crypto and its potential to improve financial access and stability. Here are some key points: The Reserve Bank of Zimbabwe (RBZ) intends to introduce a digital currency backed by gold. […]
Digital currency is a form of electronic money that is neither issued by a central bank or backed by a physical commodity. China has already implemented this form of currency in some parts of the country, but will the USA follow suit? There are still some regulatory hurdles that need to be cleared before currencies […]
Cryptocurrencies are digital currencies that use cryptography for security. Web 3 is an extension of the current web. It is a decentralized, peer-to-peer network where users can interact with each other without any intermediaries. Much ado about crypto and Web3? Both are new phenomena which are in sync with the current trend of decentralization. Cryptocurrencies […]
