T he Central Bank of Nigeria (CBN) is looking at launching the pilot phase of the eNaira, joining the league of nations who are adopting technology as part of monetary policy with the introduction of Central Bank Digital Currency (CBDC).
, joining the league of nations who are adopting technology as part of monetary policy with the introduction of Central Bank Digital Currency .
When the eNaira is launched in October, Nigeria will join the three countries, the Bahamas, Eastern Caribbean and China who have begun the use of CBDCs. While Canada, South Africa, Japan, Ecuador, Sweden, Singapore and Hong Kong are already at advanced stage.The United States, Great Britain, Jamaica, United Arab Emirates as well as Mexico are still at the research stage.
The Hyperledger Fabric is an open source project that acts as a foundation for developing blockchain-based products, solutions, and applications using plug-and-play components that are aimed for use within private enterprises.
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