Jam-Dex would be significantly transformative for the public transportation sector and needs to be embraced, believes Aldo Antonio, co-founder and acting executive chairman of the National Transporters Alliance Group.
Category: Jamaica
Auto Added by WPeMatico
Jamaica’s central bank digital currency and the problems it hopes to solve
Jamaica’s new central bank digital currency, slated for launch early this year, aims to help address economic issues on the island nation.
Powered by WPeMatico
Jamaican central bank to airdrop Jam-Dex CBDC to early adopters
“Jamaica Digital Exchange” — Jamaica’s soon-to-be-released CBDC — will see citizens with crypto wallets receive a $16 deposit to help spread awareness and usage.
Powered by WPeMatico
Crypto Twitter is not happy with the name and logo of Jamaican CBDC
The Jam-Dex is named after the Jamaican Digital Exchange following a competition. Its slogan is “no cash, no problem.”
Powered by WPeMatico
70% of Jamaica population to adopt CBDC in 5 years, prime minister says
The Caribbean country expects a nationwide CBDC rollout by the end of the first quarter of 2022.
Powered by WPeMatico
Bank of Jamaica completes first CBDC pilot
The Bank of Jamaica initially partnered with the Irish cryptography firm eCurrency Mint for its CBDC project in March 2021.
Powered by WPeMatico
Bank of Jamaica mints the first batch of national digital currency
The Bank of Jamaica plans to issue a total of $1.5 million of CBDC to institutions and authorized payment service providers as part of a pilot ending this December.
Powered by WPeMatico
Bank of Jamaica to begin digital currency pilot in August
The Bank of Jamaica is getting ready to begin testing its planned central bank digital currency in collaboration with financial institutions in the country.
Powered by WPeMatico
UK Bitcoin wallet provider Caricoin to create NFT platform for reggae artists
Reggae and dancehall musicians in the Caribbean may soon have a non-fungible token platform to help gain greater control of their creative work.
Powered by WPeMatico
Jamaica’s central bank taps Irish tech outfit for CBDC project
The Bank of Jamaica has partnered with an Ireland-based tech firm for its central bank digital currency project scheduled to begin in May.
Powered by WPeMatico