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The Standard e-Paper
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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The introduction and evolution of blockchain technology has created interest in a cashless society and digital currencies.
The Covid-19 pandemic has further precipitated the need to avoid contact with physical banknotes and coins. Responding to the exigencies of our times, the Central Bank of Kenya (CBK) has proposed a Central Bank Digital Currency (CBDC). The CBDC works just like physical money but is primarily managed, stored or exchanged on digital computer systems, especially over the internet.
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