Subject: eCurrency Newsletter Feb 2017

Share this email
Newsletter  |  February 2017
FOCUS ON INDIA
Union Budget 2017-2018 Endorses Digital India Rupee
The Union Budget places high importance to digital infrastructure of the country. It strengthens the vision of a cashless economy. Mandates for a digital India makes it a pressing need of the hour. A digital economy without a digital fiat currency will be unimaginable. Full Speech



AROUND THE WORLD
ISO Code for Digital Fiat Currency
The International Standards Organization has determined that the same ISO 4217 code used for legal tender in the form of physical notes and coins shall be used to designate digital fiat currency authorized by the geographic monetary authority.

DFC will drive financial inclusion
Digital fiat currency is the ultimate instrument for financial inclusion. Like physical notes and coins, DFC is accessible to every person regardless of social status and gender.

PBOC comments on blockchain
According to the technology director of the Peoples Bank of China, blockchain is not yet mature in system stability, application security, business model, etc.

Relevant Sections Translated

eCurrency in the News
ITU has announced eCurrency's membership on its standardization arm ITU-T to develop Digital Fiat Currency related standards.





eCurrency™ | Copyright © 2017

40 Fitzwilliam Square West
Dublin 2, Ireland
You may unsubscribe or change your contact details at any time.