Unlimited Transactions with Digital Euro
04
Aug, 2021

Unlimited Transactions with Digital Euro

Estonia’s Central Bank conducted an experiment with the new digital Euro, announcing tremendous results. The system showed that a blockchain-based digital Euro can handle unlimited transactions.

 

The experiment conducted from Estonia’s Central Bank was the handling of 300,000 transactions and payments in a second, a fact that shows system’s ability to sustain a good portion on ease, privacy and potential decrease of money laundering.

 

Another fact that shows the experiment’s success is the environmental impact that could be derived for such a network against the existing networks from bank cards and their maintenance.

 

We expect to see more Eurozone countries to conduct similar experiments, shaping their path in the digital era.