Digital money use growing

Come September 10th, close to 250 people will gather in Barbados for the third annual block chain conference.

The concept this year is Central Bank meets Block Chain and the theme is “Beyond Borders”.

Chief Executive Officer of BITT, Senator Rawdon Adams says the fact that they’ve been able to attract a large number of central bankers is a major achievement as well as a big vote of confidence in the technology.

Senator Adams told the Business Report there is a clear shifting of position toward using digital money, among other things, it allows regional economies to free themselves from the US dollar.

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