Ex-Head of China’s Digital Yuan Effort Says CBDCs Could Operate on Ethereum
Central bank digital currencies will one day be more "smart," and not merely digital versions of cash, Yao Qian said.
The sale of the GEL token will officially launch on Sept. 13.
The plan to add smart contracts next month could defy skeptics who have bet that the functionality wouldn't come anytime soon.
Expectations are rising for the blockchain to implement smart-contract functionality by next month.
U.S. dollar-denominated price feeds are available now, with support for new price pairs to follow.
Chief Technology Officer David Schwartz cites demand from users for smart contract implementation.