Cryptocurrencies

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The National Bank of Cambodia will be launching a new digital currency called Bakong this year

Bakong is being developed as a blockchain-based, peer-to-peer platform that will have its own specially designed cryptocurrency. Unlike most blockchain-driven cryptocurrencies, Bakong is a closed system that is backed by banking authorities.
A software wallet is linked to the user’s bank account, which allows them to interact easily with hard currency. The system will support … More

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