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Why the RBA would want to create a digital Australian dollar

  • Written by Dimaz Wijaya, PhD Student, Monash University
imageWhen using a cryptocurrency, you interact with a system like the blockchain, an online ledger that records transactions, directly. Bitcoin, is an examples of this.www.shutterstock.com

The Reserve Bank of Australia could join the likes of Estonia and Lebanon in creating a cryptocurrency based on the Australian dollar, to reap the benefits of...

Read more: Why the RBA would want to create a digital Australian dollar

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