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More countries are testing CBDCs . China’s digital yuan is in widespread use, and the EU is launching a pilot. CBDCs could make payments faster and cheaper, but raise concerns about privacy and government control. #CBDCs #DigitalCurrency
Smart contracts are transforming supply chains by cutting fraud. They automatically execute agreements when conditions are met, leaving a permanent blockchain record. For example, a contract might release payment to a supplier only when goods are tracked and verified. This reduces disputes and ensures transparency. Companies like Walmart already use this tech for food tracing, making recalls faster and more accurate.