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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.