Uganda to Pilot CBDC Backed by Treasury Bonds and Mobile Access

Global Settlement Network (GSN) has partnered with Diacente Group to motorboat a $5.5 cardinal tokenized system successful Uganda’s Karamoja region. The inaugural includes piloting Uganda’s archetypal cardinal slope integer currency (CBDC), backed by treasury bonds and accessible via mobile devices. Built connected GSN’s blockchain, the task volition digitize cardinal sectors similar agriculture, mining, and energy, […]