(Central Bank Digital Currency) are cryptocurrencies developed and distributed by governments based on the value of their existing fiat currencies. These high security digital instruments, based on blockchain technology, can be used as a means of payment, unit of account, and store of value just like paper notes and coins. CBDCs are rapidly becoming one of the most important aspects of the cryptocurrency and blockchain revolution, so stay tuned to FulllyCrypto for the latest on CBDCs.