Turkey’s central bank is teaming up with researchers to study the benefits of a digital currency. It hopes to tap into blockchain technology that powers cryptocurrencies to introduce a safer option – a digital lira. And Turkey isn’t the only country researching digital currencies; the US, China and India are also doing their own research on such platforms. Will paper currencies be eventually replaced by the blockchain?
Guests:
Taha Arvas
Economist
Daniele Bianchi
Associate Professor at Queen Mary University of London