Fresh news from Eswatini! đžđż The Central Bank of Eswatini has released a paper on its potential digital currency, the digital lilangeni. This CBDC will be based on a distributed database and not a distributed ledger.
đč Key features:
- Online wallets managed by financial institutions.
- Physical wallets (smart cards) for offline use.
- Privacy with pseudo-anonymity and KYC/AML compliance.
- Programmable payments for automation and restrictions.
Do you think the digital lilangeni will revolutionize Eswatini's economy? Let us know your thoughts in the comments!