Sweden is interested in developing their own cryptocurrency: Others will follow

According to the latest news from Sweden, the cash transactions in the previous year were only 15% of the total transactions processed. Just to remind you, back in 2010, the number was 40%. This made them wondering, is the time suitable for allowing people to use a completely digital currency?

We were able to see that India is developing their own cryptocurrency, so chances are high Sweden will do the same.

Riksband (central bank of Sweden) will be responsible for this new implementation. Soon, other countries will start with the same process, all in order to make transaction systems more efficient.