China’s upcoming launch of its new digital currency (the digital Yuan) is seen as its latest tool to achieve supremacy on international commerce. Dissecting the information brings the few key insights: This is essentially a political issue First, the digital currency will be directly managed by the Chinese Central Bank which will help increasing China’s already strong hold on its privacy control policies via a monitoring of consumers’ spending habits. Secondly, China and the US are on battle to economic supremacy. In that way, China welcomes the publicity created around this announcement, particularly as a possible threat to the US Dollar dominance; whether factual or not. This is obviously a tech issue This new currency will inevitably bring about a boost in innovation. While tech companies will be on the front line, other multinational companies are likely to profit as well if it proves to be a more convenient settlement form. However, since China does no...
Le capital est Humain, Intellectuel, Social, Physique, Naturel, Financier, Economique, Culturel et j'en passe... ce sont là les données d'une même equation.