Speculations about digital currencies being the next big thing made us work on deeper analysis and research. We concluded that blockchain technology-backed business models are scoping the future financial flows because about 85% of the world's central banks are actively working on some strategies to implement Central Bank Digital Currency (CBDC).
The present payment system needs a refresh, and digitalizing all of it appears opportune. In the absence of any valuable investment opportunity in CBDC, we consider opportunities in the digital payment ecosystem, in particular the service enablers. As of today, there are about 130 identified companies that are presently working or expected to work in the field of digital payments.
