Ghana To Start Piloting New Digital Currency In September

Ghana To Start Piloting New Digital Currency To Start In September - The Bank of Ghana is preparing to launch the first digital currency, known as the ‘e-cedi,' by September of this year. It is also known as the Central Bank Digital Currency and is expected to operate in a sandbox before being introduced to the public as legal tender for financial transactions. According to Dr. Ernest Addison, the governor of the country's central bank, the new proposed digital currency will be implemented after three pilot stages confirm that it is a good thing to introduce into the local economy. At a news conference in Accra, Dr. Addison said, “The Bank of Ghana was one of the first African Central Banks to declare that we were working on a digital currency, looking at the concept of an e-cedi.” With this move, the e-cedi becomes Africa's first digital currency. Thanks to the internet, there is an endless number of ways to make money online or invest online. The e-cedi is the NextGen alternative to bitcoin. A cryptocurrency network that allows anyone to transfer digital cash to family, friends and vendors from anywhere to everywhere around the world with no fees. E-cedi is designed to be fast, efficient, eliminate fraud, no double spending and to empower the underserved communities around the world. E-cedi is use for payment, trading, crowdfunding and low-cost energy-efficient PoS Mining. Oduwa originated from the ancient Benin kingdom meaning "The Road Map to Wealth, where the belief is, your money should work for you and not against you. If you enjoyed the video SUBSCRIBE & TURN ON POST NOTIFICATIONS, as we have exciting videos about trends and mega construction projects in Africa, coming up. Follow us on Instagram - https://www.instagram.com/thenewafricachannel/ Follow us on Twitter - https://twitter.com/TheNewAfricaCh1 Join us on Facebook - https://www.facebook.com/thenew.africachannel.3 This presentation contains images that were used under the Creative Commons License and Fair Use Policy. Footage used include scene from Steven Ndukwu and BoG For copyright matters relating to this video or channel, please contact us directly, and we'll remove any video on request: newafricachannel(at)outlook.com ************************************************************************** online investment in africa, make money online, how to make money online, business opportunities 2020, business opportunities after lockdown, new business ideas 2020, small business ideas, opportunity, how to invest in africa, how to start a business in africa, how to buy shares in south africa, online investment in africa, how to make money online, how to invest, how to trade on luno south africa, how to invest in real estate, how to invest in south africa, how to invest in the JSE, starting a business in ghana, investing in the stock market, investing in african real estate, how do i invest in the stock market, online investment opportunities in south africa, Investing in Africa, investment tips, investment ideas, How To Fund Your Bamboo Wallet, How To Fund Your Bamboo Wallet, make money online, finance news, business ideas, luno app for bitcoin, investing in shares, finance stock, Mutual Funds, Treasury bills, jumia stock, Africa stocks, Stock Market, Stock Investor, how to buy stocks, how to buy shares *************************************************************************** #Ghana #GhanaCedi #GhanaEcedi #E-cedi #Ecedi #Accra #GhanaCurrency #Ghanamoney

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