# Сопутствующие статьи по теме Deposit Tokens

Blockchain Is South Korea’s New Fiscal Weapon — A Blow To Privacy?

South Korea is launching a pilot program to replace government expense credit cards with blockchain-based deposit tokens for treasury fund execution. This initiative, led by the Ministry of Finance and Economy, builds on a previous project with the Ministry of Environment. Deposit tokens are digital representations of bank deposits on permissioned blockchains, enabling programmable settlement, transparent tracking, and real-time reporting. Unlike CBDCs, they are issued by commercial banks. The pilot aims to enhance spending transparency, reduce intermediaries, and eliminate card-processing fees for small merchants. While improving efficiency, it raises privacy concerns. If successful, South Korea could become a model for blockchain-based fiscal systems.

bitcoinistВчера 21:44