Cambodia: Blockchain-Based Payments System ‘Project Bakong’ to Challenge US Dollar Hegemony
According to a Coindesk report published on June 19, 2020, the National Bank of Cambodia is poised to go ahead with its blockchain-based payments system dubbed ‘Project Bakong’ to disrupt the dollar’s hegemony in the country. Project Bakong to Disrupt Dollar Hegemony Despite it being in the works since 2017, Cambodia’s distributed ledger technology-based (DLT) payments system, Bakong,
Source: Cambodia: Blockchain-Based Payments System ‘Project Bakong’ to Challenge US Dollar Hegemony
Data Shows “Smart Money” is Looking to Buy Bitcoin at $8,800
Blockchain legislation passes the House, heads for Senate
Bitcoin Could be Coiling Up for a Move Past $11,000 Due to These Events
About Author
Harry Gill
Harry is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets and Journalism he decided to become a half time trader half time journalist in the financial and cryptocurrency sector.He can be contacted at harry.gill@cryptonewspipe.com