🔥 AWESOME! CENTRAL BANKS are already using Blockchain to automate monetary policy 🚀
🚨 Attention investors and #cryptoeconomics enthusiasts!
The world's central banks are taking a historic step:
🚀 They are beginning to use #blockchain technology and smart contracts to test new monetary policy models.
🔍 What exactly are they doing?
✔ Automating asset purchases via smart contracts
✔ Testing CBDCs (central bank digital currencies) with public and private blockchain
✔ Integrating financial oracles to react to economic data in real time
This isn't theory; real-world tests are already underway in Asia, Europe, and the Americas.
📌 The goal:
— Increase efficiency
— Reduce manual intervention
— Avoid human errors
— Improve the traceability of issued money
👀 Everything indicates that blockchain technology will be the foundation of the financial system of the future... and that future is already under construction.