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Sergey Shashev goes deep on the true value of CBDCs in Entrepreneur

Leading business publication Entrepreneur has published a deep-dive article on the purpose and potential of CBDCs written by Broxus founder Sergey Shashev.

"With CBDCs, the value is in the here and now. The utility of these digital currencies is something real, something that addresses shortcomings that are palpable around the world right now. I believe that the framework in which we discuss CBDCs needs to change so that ongoing efforts to integrate this technology into the fabric of the world economy may come to fruition," says Shashev.

Drawing on sociological and economic studies, Shashev makes the case for the tech as a means of opening up access to banking services for over a billion people, as well as Everscale's collaboration with DA5 and CBDC privacy concerns.

Read the full article on Entrepreneur 👈
Entrepreneur How This Digital Currency Will Transform The World and Benefit Cashless Societies Despite common misconceptions, CBDCs offer unique value as vehicles for financial reform capable of improving the lives of those who need it most.
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