What 100 Million ‘Unbanked’ Nigerians Can Teach Canadians About Central Bank Digital Currency

What 100 Million ‘Unbanked’ Nigerians Can Teach Canadians About Central Bank Digital Currency
People pass the Bank of Canada building on Wellington Street in Ottawa in this file photo. The Canadian Press/Justin Tang
Gleb Lisikh
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Commentary

Despite credit cards, e-transfers, and online banking having already made money go pretty much digital, the Bank of Canada is busily working on a much bigger transformation. Canada is one of about 100 countries that—in uncanny synchronicity—several years ago joined the race toward retail central bank digital currency (CBDC).

Gleb Lisikh
Gleb Lisikh
Author
Gleb Lisikh is an IT management professional and father of three children. He grew up in various parts of the Soviet Union before coming to Canada.
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