The People’s Bank of China has published on its website a number of vacancies related to the development of digital currency and software and equipment that is required for its full operation. They invite specialists who can work with the blockchain and have a doctoral degree in cryptography and information security.
The team that studies digital currency and options that could allow it to be introduced and then effectively used has been created and has been working for more than two years, actively studying the effect of digital currency on economic and other factors, and legislation is being simultaneously implemented.
A variant is now being discussed in which the digital currency will eventually replace cash, during the transition period, according to the Shanghai Daily, both digital and customary currency units will be used.
The Governor of the People's Bank of China stressed that the transition to digital currency is inevitable, so you need to prepare for the transition in advance.
Similar sentiments can be seen in other countries: India is experimenting with digital currency, and in Sweden they may soon introduce a new digital currency, the electronic krone.
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