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Digital currencies will reach 213,000 million dollars in 2030

Digital currencies backed by government banks face a number of challenges. However, more than a hundred countries are involved in projects, either in the planning stage or in full pilots.

The overall value of digital currencies of central banks (CBDC) will grow remarkably in the coming years. According to Juniper Research estimates, this value will rise from the current $100 million to $213 billion in 2030.

That year, 92% of the total value traded through central banks around the world will be paid domestically, as cross-border payment systems They still have adoption issues.

Digital currency, backed by traditional fiat money such as the US dollar or the British pound, can strengthen financial inclusion. Clients do not have to have a bank account to maintain them; instead, they can use encrypted “digital wallets” in the cloud, a computer or laptop, or even on a USB storage device.

Digital currencies would reduce printing costs and improve fraud detection

With a cross-border CBDC payment system, businesses could make cross-border payments for goods and services with much cheaper and faster settlements. Central bank-backed digital currencies would also reduce the costs of printing and replacing money, help improve fraud detection and would make it easier to trace and recover money paid to fraudsters.

Digital currencies also remove the anonymous nature of consumer cash transactions.

Adoption of digital currencies

The United States is very slowly adopting these currencies, especially compared to other countries like China. Australia, China, Thailand, Brazil, India, South Korea and *text muted* already have pilot programs or will start trial programs this year. In 2030, the Bank of England and the UK Treasury plan to launch a digital pound or CBDC ‘Britcoin’.

It is important which digital currency gets widespread adoption first because that government will be able to set the global rules for most of the others, according to Juniper Research. In this way, the forecast is that whoever first establishes large international payment systemsyou will have a de facto standard that latecomers will have to adopt.

In total, 114 countries, representing 95% of global GDP, are investigating the creation of digital currencies. 16% of the projects are in the pilot phase, 30% in development and 27% still in the research phase, according to the Atlantic Council.

Although there is a clear delay in the creation of these digital currencies, there is an awareness to start solving it

Although there is a clear delay in the creation of these digital currencies, the good news is that there is an awareness of it to begin to solve it.

For example, in March 2022, US President Joe Biden issued an executive order calling for more research into the development of a national digital currency through the Federal Reserve Bank. The order emphasized the need for increased regulatory oversight of cryptocurrencieswhich have been used for activities such as money laundering.

US lawmakers have also introduced bills that would allow the US Treasury to create a digital dollar that would allow people to make payments using tokens on mobile phones or through cards instead of cash.


The necessary regulatory framework

Since these digital currencies are issued by central banks, they will initially be primarily intended for domestic payments. Cross-border payments will come as systems are established and links are created between central banks used by individual countries.

This will also require a complex regulatory framework that includes privacy, consumer protection and anti-money laundering standards. Any new payment systems could also jeopardize the national security objectives of the country that uses them.

Juniper’s research also highlights that, currently, there is still a lack of enterprise product development around these coins, with few well-defined platforms for central banks to take advantage of, a limiting factor for today’s market.

To be successful, any CBDC platform would need a complete end-to-end financial network, including wholesale capabilities, digital wallet and business acceptance, according to Juniper Research.

However, for Gartner, one of the challenges for central banks will be figuring out how to enable a CBDC that adds value on top of existing payment systems.

initial image | Allison Saeng

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Test winner headphones: These ANC headphones beat even Sony from the throne

The most important things at a glance:

  • The Sennheiser Momentum 4 Wireless is our current test winner among Bluetooth headphones
  • You are currently getting the model for 268.21 euros at Amazon
  • Below you will find an excerpt from our best list of Bluetooth headphones
At the time of writing, Sony’s WH-1000XM5 is no longer our number one noise-cancelling headphone. The Sony headphones were beaten by the Sennheiser Momentum 4 Wireless.

The Momentum 4 Wireless convinces with a great, clear sound with a rich bass. As a reward, there is the top grade of 1.2, with which the Sennheiser model beats the former test winner in terms of sound. The excellent active noise suppression was also a lot of fun in the practical test. In our stress test scenario (simulated aircraft noise), the Sennheiser Momentum 4 Wireless attenuated very effectively for us. There is further praise for the excellent battery life: With the highest ANC strength, the Sennheiser Momentum 4 Wireless ran for a whopping 53 hours in our test scenario – a very strong performance. Although some headphones run longer without ANC, since the external signal processing cannot be deactivated with the Sennheiser Momentum 4 Wireless, we were not able to test this here.

A few small things bothered, for example, the ear cups can only be rotated, but not folded. But that’s complaining on a high level.

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Time change from Saturday to Sunday: Drivers now face a very special danger

The ADAC advises drivers to drive with foresight and be more aware of the dangers in order to avoid serious accidents involving wildlife. This applies in particular to forest sections and roadside field edges. In purely temporal terms, the evening and early morning hours during twilight are particularly dangerous. So foot off the gas and always be ready to brake.

An additional helper is the free Wildwarner app, which is available for Android and iOS. The uses acoustic signals to draw your attention to particular danger spots. The best way to do this is to connect the app to your car via Bluetooth and receive the information via the built-in music system. You do not have to operate the app itself while driving.

Wildwarner covers Germany, Austria and Switzerland. Hunters and drivers can optionally register and actively report danger spots themselves. If you already see wild animals on the side of the road, reduce your speed further and switch off the high beam. Horns can be used to scare away wild animals.

If you want, you can also report an accident with wildlife or a dead animal along the route in the animal find register. This is a database that systematically records animals nationwide.
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The end of “John Wick 4” explained: what comes after the action hit?

The end of “John Wick 4” probably came as a surprise to most fans. The ex-killer wins the duel against the nasty Marquis de Gramont (Bill Skarsgård) and is thus released from all duties to the Hohen Hammer. Unfortunately, he was badly injured in the shootout with his former friend and current antagonist Caine (Donnie Yen). And so, with everything settled, John Wick, bleeding heavily, sits on the steps below the Sacre Ceour Cathedral, looks up at the beautiful suns and thinks of his late wife Helen (Bridget Moynahan) before he falls dead himself. In the next scene, Winston (Ian McShane) and the Bowery King (Laurence Fishburne) stand in front of the former hitman’s grave and wonder whether he has ended up in heaven or hell.

So John Wick really does appear to be dead. And that, although it was said for a long time that there would be a fifth part. But as director Chad Stahelski has now revealed to The Hollywood Reporter, he and Keanu Reeves have only just finished the “John Wick” series. Nevertheless, they are not averse to further sequels. Unfortunately, ambiguous statements like these are standard in Hollywood. After all, you don’t want to obstruct the future of a franchise. But with Chad Stahelski’s announcement, you can be pretty sure that we won’t see a “John Wick” movie in the near future.

The post-credit sequence in the fourth part is all the more irritating. Because we see Donnie Yen’s character Caine again, how he visits his daughter. But before he can reach her, Akira (Rina Sawayama) suddenly appears. She probably wants revenge on Caine for killing her father. But before that happens, the film ends. Now, of course, one can speculate: is the scene just there to bring Caine and Akira’s stories to an end? Or is it even the cornerstone for a spin-off? An offshoot has already been confirmed that expands the “John Wick” universe.

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