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Digital Currency-Is It Really Your Money-Can it Expire
2 years ago
67
Programmable money refers to a form of digital currency that can be programmed to execute certain conditions or functions automatically. This is made possible through the use of smart contracts, which are self-executing contracts with the terms of the agreement directly written into computer code. With programmable money, banks can set up rules for how the money is used, stored, or transferred, enabling greater control and automation of financial transactions. See for yourself, check out the link below:
https://www.federalreserve.gov/econres/notes/feds-notes/what-is-programmable-money-20210623.html
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