Chinese-Backed BSN reveals Plans to Develop a Universal Digital Payment Network


Source: btcmanager.com btcmanager.com

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Chinese-Backed BSN reveals Plans to Develop a Universal Digital Payment Network Adeniyi Olowoporoku on January 15, 2021 Blockchain Chinese backed blockchain project BSN has revealed plans to pilot the adoption of a global CBDC system in 2021. Central Bank Digital Currencies (CBDC) was the major talk in 2020 and it appears that the push will be greater this year. BSN developing a Universal Digital Payment Network (UDPN) BSN revealed its plans for the year in a blog post on January 15. Starting with the need for CBDCs and the increased potentials of digital currencies in different payment systems. The blockchain...