The Open Network (TON) project involves the launch of stablecoins in three African countries – the Republic of the Congo (RK), Cameroon and the Democratic Republic of the Congo (DRC). Stablecoins differ from decentralized cryptocurrencies in that they have a real financial backing.
If you are interested in sports and especially in betting, then one of the problems for you is to find a reliable bookmaker. 22Bet is one of the biggest betting platforms with a huge amount of regular customers. download 22bet to check out the review of this bookmaker and to start making bets in the most convenient way, on all kinds of sports, and at the same time be sure that the company is playing fair.
Africa’s new digital currency
The introduction of a digital currency should help the three African countries achieve a higher degree of economic integration. The TON project will give them the opportunity to create a single regional segment that will go beyond the boundaries of the policies of the central banks of these three countries, which will increase its flexibility and independence, local analysts emphasize. TON stablecoins are expected to be able to give momentum to the development of the regional financial market, as well as to help attract foreign investment.
The full implementation of the TON project will take a significant amount of time, as there is a lot of work to be done with a high degree of innovation, the Cameroon government service explained to TASS. A number of responsible decisions will have to be made both at the national and regional levels, as the new digital unit of account should contribute to the creation of a new unified segment of the financial markets of all three African countries
What is the TON Blockchain?
Today TONcoin is an open independent new generation blockchain ecosystem capable of uniting all cryptocurrency chains and the Internet into a new global network. “As a result of the connection of the TON browser, TON Storage and TON DNS, an analog of the modern Internet infrastructure with an internal payment system should be obtained. It was these innovations that led to panic among Wall Street financiers and forced the US Securities Commission (SEC) to introduce the most stringent sanctions against the developers of this cryptocurrency system
World experience in the implementation of cryptocurrencies
To better understand what kind of currency Africans intend to introduce, you need to understand how the concept of “cryptocurrency” (digital currency) differs from the concept of “central bank digital currency” (CBDC, Central Bank Digital Currency). The difference is fundamental. The second has nothing to do with decentralized cryptocurrencies, as it is completely centralized and is under the control of financial regulators and governments of the respective countries.
The first cryptocurrency that was given the official status of a national means of payment is bitcoin, which, along with the US dollar, was legalized by the Parliament of El Salvador on June 9, 2021, and from September all organizations in this country are already required to accept it. They can pay for goods, services and taxes. For this, citizens have opened special crypto wallets – Chivo. As he noted, the plans of the President of El Salvador, including, in particular, the construction of a new city for miners, Bitcoin City, are very ambitious, but time will tell how feasible they are.
This is essential information for me. Thank you! I want to start learning more about crypto. Does anyone have experience with this?
Now it is profitable and safe to keep money in cryptocurrency. If you are interested in a detailed verified resource about this, here proof of stake you can find it. The information is presented in a clear and concise manner, making it accessible to both beginners and experienced people in the blockchain space. This is a valuable resource for those seeking a deeper understanding of PoS and its implications.
I am very glad that I have the opportunity to share my knowledge with people. Today I want to talk about the cool site https://ka.app/learn/how-to-sell-bitcoin it will be useful for those who deal with cryptocurrency, as it is one of the most popular exchangers with very favorable conditions.
Thank you! This was a well-considered and comprehensive article. However, after reading it, I still had a few questions. Such as where to find a good broker and what I need to pay attention to in the first place. Thanks to my friends who recommended https://compape.co.za/cryptocurrencies/ the rest I could do on my own, thank God.
At our casino, we’re proud to be at the forefront of this digital revolution. By accepting Bitcoin as a form of payment, we’re opening up a world of possibilities for our players. No longer bound by traditional banking methods, you can now enjoy instant deposits and withdrawals with https://casinohex.co.za/online-casinos/bitcoin the click of a button. But it’s not just about convenience – Bitcoin casinos also prioritize security and privacy. With blockchain technology ensuring transparency and encryption protecting your personal information, you can play with confidence, knowing that your transactions are safe and secure.