🇸🇿 The Central Bank of Eswatini has just launched the design for its new digital currency (CBDC) - digital lilangeni!
🔹 Tokenized, running on a distributed database
🔹 Online wallets & hardware wallets (smart cards) that do not require the internet
🔹 Information security but still KYC & AML compliant
🔹 Automated payments, child spending control
💡 Eswatini still prioritizes cash but is moving towards a "cash-lite" society. Digital lilangeni must be compatible with the current cryptocurrency system and international standards.
🌍 The design is similar to Rwanda's CBDC, which can help fight corruption like in Kazakhstan.
👉 What do you think about the future of CBDC? Comment now!#Crypto#Blockchain#CBDC#Eswatini