The Central Bank of Sweden is one of the oldest banks. And definitely the first bank to issue paper money. Now, apparently, he will become a pioneer again. This time in the field of digital currency. And no, it won’t be the widely accepted Bitcoin. The Bank of Sweden seriously intends to introduce the national cryptocurrency into circulation, and this may become a reality in two years.
And there is a reason for this. Already, Swedes prefer electronic payments. Even street vendors are forced to carry mobile terminals with them so that people can pay. Otherwise, there is a risk of losing a client. The number of banknotes and coins is sharply reduced, and in recent years it has decreased by as much as 40%.
So, the new currency will be called the e-krona. And the more often Swedes use electronic payments, the more real cryptocurrency becomes. However, it is recognized not to supplant real money, but to become an organic complement to it.
So far, there is no clear idea of how this idea will be implemented. In the form of a replenishable card, application or otherwise. It is also not a fact that the e-krona will be developed using blockchain technology. But their own version of cryptocurrency is simply vital for banks, otherwise they risk losing control of the situation.
And there is a reason for this. Already, Swedes prefer electronic payments. Even street vendors are forced to carry mobile terminals with them so that people can pay. Otherwise, there is a risk of losing a client. The number of banknotes and coins is sharply reduced, and in recent years it has decreased by as much as 40%.
So, the new currency will be called the e-krona. And the more often Swedes use electronic payments, the more real cryptocurrency becomes. However, it is recognized not to supplant real money, but to become an organic complement to it.
So far, there is no clear idea of how this idea will be implemented. In the form of a replenishable card, application or otherwise. It is also not a fact that the e-krona will be developed using blockchain technology. But their own version of cryptocurrency is simply vital for banks, otherwise they risk losing control of the situation.
