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Bank of England launch digital currency consultation

365 Retail

Officials said on Tuesday that it would launch a consultation on the introduction of a so-called central bank digital currency (CBDC) next year. But it would take until at least 2025 for such a currency to be launched in the UK, the Treasury and Bank of England said.

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Smart Contracts for Digital Currencies or Assets

Digital Doughnut

In 1994, there were no digital platforms like the ones we know today, which is why Nick Szabo's concept of smart contracts did not receive the attention it deserved until almost 20 years later.

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PayPal Purchases Cryptocurrency Security Provider Curv

Retail TouchPoints

In October 2020, PayPal committed to helping shape the role that digital currencies will play in the future of commerce and financial services, and the company recently created a business unit focused on blockchain, crypto and digital currencies. Curv was founded in 2018 by CEO Itay Malinger and CTO Dan Yadlin. “As

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Why Backend Orchestration is the True Payment Experience Unlock

Retail TouchPoints

“Too many friction points all along the customer journey is a big pain point for consumers, and certainly the checkout or transaction moment plays a part in that friction,” said Margot Juros, Research Director for Retail Technology Strategies at market intelligence and advisory firm IDC in an interview with Retail TouchPoints.

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Crypto Payments Adoption in FinTech: How Do Retailers Fit in?

Retail TouchPoints

Get ready for a technology retouch. We’re all used to traditional payment methods, and fully digitized payment solutions have not yet become mainstream. However, even if you’re not yet set up for in-store crypto payments, you can still integrate a digital currency option into your ecommerce or click-and-collect offering.

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Tech Trends Shaping Retail: From AI to Blockchain

365 Retail

Innovations in retail technology are driving growth and redefining the shopping experience. As retail sectors evolve, technology continues to play a pivotal role in shaping business strategies and enhancing customer satisfaction. Stay tuned as we explore the key technologies that are setting new standards in the retail industry.

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How to Adapt Your Ecommerce Business to Increase Sales in 2021

Retail TouchPoints

Despite this, its use is gradually spreading, above all among large brands and the most technologically advanced vendors. What we do know today is that paying with digital currencies can easily be an additional payment method alongside others that we’re already familiar with, such as PayPal or Stripe.