Steemit Engagement Challenge | S4W2 | Explanation of CBDCs.

We have seen a lot of great posts this week and we hope to see even more great posts next week. In this post we will tell our users about the topic of the second week of season 4. As you all know this community is all about crypto and technology. So our topic of week 2 is going to be very interesting for crypto lovers.

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CONTEST THEME

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We all know that cryptocurrency is growing day by day and making progress by leaps and bonds. Different countries have accepted the cryptocurrency as the payment method while the others are still afraid of the anonymous nature of cryptocurrency assets. The future of the cryptocurrency is very bright as it has been adopted by many popular states, brands and companies. In this post, we expect from you to explain about the Central Bank Digital Currency tokens. So, there are some points that you can explain in your this post.

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CONTEST QUESTIONS OR HINTS

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• What is your understanding about CBDC (Central Bank Digital Currency)?

• Is your country has its own CBDC? If not, share your opinion about its presence in your country.

• Importance of CBDC in the financial system.

• What do you think if it is the need of your country or not?

• Advantages and Disadvantages of CBDCs.

• Is it a global need? Give your opinion on it.

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RULES & REGULATIONS OF THE CONTEST

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• Post must be unique and more than 400 words.

• User must be bit bot free and verified.

• Your post should be titled "Steemit Engagement Challenge | S4W2 | Explanation of CBDCs by @username".

• User must be at least part of #club5050 and your post must be in Steem4bloggers community.

• Plagiarism of any kind will not be tolerated, and anyone caught doing so will be disqualified from the contest.

• Subscribe steem4bloggers community and Invite 3 of your friends to participate in the competition.

• Please resteem this post and leave your entry link in the comment section of this post.

• The first 5 tags in your post should be #steem4bloggers-s4w2, #steemexclusive, #fintech, #yourcountry and #clubstatus.

• Take your own photos and otherwise take from free websites if you use from internet.

• Please set 15 percent beneficiary to @hive-109435, for the development of this community. (Not Compulsory)

• This contest shall run till Sunday, september 11, 23:59 PM UTC.

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OUR GRADING SYSTEM

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Dear @username, Thank you for sharing your Quality Blog with our community in the Season 4 Week 02. Your Post Information has been given below:

Post Information	Status
Plagiarism Free	✅ / ❌
Bot Free	✅ / ❌
Club	#club
#Steemexclusive	✅ / ❌
#burnsteem25	✅ / ❌
Verified User	✅ / ❌
Date	xxx

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• Club Status: #club

Period	Last _ Month
Power Up	xxx
Transferred Out	xxx

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Valid Comments	xyz
Total Votes	xyz
Voting CSI	xyz

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Post Quality: /10

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• Reviews:

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REWARDS

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1ST PLACE	10 STEEM
2ND PLACE	10 STEEM
3RD PLACE	10 STEEM

_{Note : All rewards will be given in the form of Steem power.}

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STEEM4BLOGGERS TEAM

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NAME	ROLE
@steemdoctor1	ADMIN &MOD
@malikusman1	ADMIN & MOD
@kouba01	MOD
@chiabertrand	MOD
@Sachin08	MOD
@simonnwigwe	MOD
@solaymann	MOD
@pollito22	MOD