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Central Processing Unit (CPU)

A central processing unit (CPU) is the part of a computer that is in charge of interpreting and executing programs and coordinating the work of all other components.What Is a Central Processing Unit (CPU)?A central processing unit, also known…

Central Ledger

A central ledger is a physical book or a computer file used to record transactions in a centralized manner.What Is a Central Ledger?Central ledgers are physical books or digital files used by individuals or organizations to record and total…

Central Bank Digital Currency

CBDCs are digital currencies issued by a central bank whose status as legal tender depends on government regulation or law. What Are Central Bank Digital Currencies?Central bank digital currencies (CBDC’s) are fiat currencies that exist in…

Central Bank

In contemporary economies, the central bank is responsible for the formulation and transmission of monetary policy, as well as for the regulation of member banks.What Is a Central Bank?A central bank is a financial institution that has privileged…