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* Subscribe Now * Browse Topics * Markets * Technology * Money * Energy * Healthcare * Mining * Green * Politics * Reports * Generational Power Index * Company Spotlight * * About * Masthead * Careers * Press Center * Advertise * Frequently Asked Questions * Contact Us * Our Books * Store * Use Our Visualizations * VC+ * * * * * * Connect with us * * * * * * VISUAL CAPITALIST VISUALIZED: THE STATE OF CENTRAL BANK DIGITAL CURRENCIES Please enable JavaScript in your browser to complete this form. Subscribe * > Subscribe VISUAL CAPITALIST VISUALIZED: THE STATE OF CENTRAL BANK DIGITAL CURRENCIES * Markets * The Shrinking Trillion Dollar Market Cap Club * The Top 100 Most Valuable Brands in 2022 * These Global Cities Show the Highest Real Estate Bubble Risk * Comparing the Speed of U.S. Interest Rate Hikes (1988-2022) * Visualized: The World’s Population at 8 Billion * Technology * The Shrinking Trillion Dollar Market Cap Club * All of the World’s Spaceports on One Map * Ranked: The World’s Most Surveilled Cities * iPhone Now Makes Up the Majority of U.S. Smartphones * Visualized: The State of Central Bank Digital Currencies * Money * The U.S. and China Account for Half the World’s Household Wealth * Visualized: The Biggest Donors of the 2022 U.S. Midterm Elections * Comparing the Speed of U.S. Interest Rate Hikes (1988-2022) * Mapped: The 3 Billion People Who Can’t Afford a Healthy Diet * Mapped: The World’s Billionaire Population, by Country * Healthcare * Visualizing the Composition of Blood * Visualizing the Relationship Between Cancer and Lifespan * Explainer: What to Know About Monkeypox * Visualizing How COVID-19 Antiviral Pills and Vaccines Work at the Cellular Level * Mapped: The Most Common Illicit Drugs in the World * Energy * The Top 10 EV Battery Manufacturers in 2022 * Visualizing the Range of Electric Cars vs. Gas-Powered Cars * What is the Cost of Europe’s Energy Crisis? * All Electric Semi Truck Models in One Graphic * The Inflation Factor: How Rising Food and Energy Prices Impact the Economy * Maps * All of the World’s Spaceports on One Map * Map Explainer: The Caucasus Region * Mapped: The 3 Billion People Who Can’t Afford a Healthy Diet * Mapped: Countries With the Highest Flood Risk * Ranked: The 20 Countries With the Fastest Declining Populations * Mining * All the Metals We Mined in 2021: Visualized * Visualizing the World’s Largest Iron Ore Producers * Mapped: The 10 Largest Gold Mines in the World, by Production * The 50 Minerals Critical to U.S. Security * Visualizing China’s Dominance in Clean Energy Metals * Green * Visualizing Mismanaged Plastic Waste by Country * Visualizing Changes in CO₂ Emissions Since 1900 * Interactive: EV Charging Stations Across the U.S. Mapped * How Big is the U.S. Cheese Stockpile? * Animated Map: Where to Find Water on Mars * Featured Companies * Creator Program * Creator Stream * Creator Community * Creator Hub * Submission Guidelines & FAQs * Reports * * * Channels * * * * * TECHNOLOGY VISUALIZED: THE STATE OF CENTRAL BANK DIGITAL CURRENCIES Published 3 months ago on August 25, 2022 By Marcus Lu GRAPHICS/DESIGN: * JOYCE MA Tweet Share Share Reddit Email Can I share this graphic? Yes. Visualizations are free to share and post in their original form across the web—even for publishers. Please link back to this page and attribute Visual Capitalist. When do I need a license? Licenses are required for some commercial uses, translations, or layout modifications. You can even whitelabel our visualizations. Explore your options. Interested in this piece? Click here to license this visualization. ▼ Use This Visualization VISUALIZED: THE STATE OF CENTRAL BANK DIGITAL CURRENCIES Central banks around the world are getting involved in digital currencies, but some are further ahead than others. In this map, we used data from the Atlantic Council’s Currency Tracker to visualize the state of each central banks’ digital currency effort. DIGITAL CURRENCY – THE BASICS Digital currencies have been around since the 1980s, but didn’t become widely popular until the launch of Bitcoin in 2009. Today, there are thousands of digital currencies in existence, also referred to as “cryptocurrencies”. A defining feature of cryptocurrencies is that they are based on a blockchain ledger. Blockchains can be either decentralized or centralized, but the most known cryptocurrencies today (Bitcoin, Ethereum, etc.) tend to be decentralized in nature. This makes transfers and payments very difficult to trace because there is no single entity with full control. Government-issued digital currencies, on the other hand, will be controlled by a central bank and are likely to be easily trackable. They would have the same value as the local cash currency, but instead issued digitally with no physical form. CENTRAL BANK DIGITAL CURRENCIES WORLDWIDE 105 countries are currently exploring centralized digital currencies. Together, they represent 95% of global GDP. The table below lists the data used in the infographic. Search: CountryStatusUse Case NigeriaLaunchedRetail The BahamasLaunchedRetail JamaicaLaunchedRetail AnguilaLaunchedRetail Saint Kitts and NevisLaunchedRetail Antigua and BarbudaLaunchedRetail MontserratLaunchedRetail DominicaLaunchedRetail Saint LuciaLaunchedRetail Saint Vincent and the GrenadinesLaunchedRetail GrenadaLaunchedRetail SwedenPilotRetail LithuaniaPilotRetail UkrainePilotUndecided KazakhstanPilotRetail Showing 1 to 15 of 110 entries PreviousNext When aggregated, we can see that the majority of countries are in the research stage. We’ve also divided the map by region to make viewing easier. AFRICA ASIA EUROPE MIDDLE EAST SOUTH AMERICA NORTH AMERICA WHAT ARE THE BENEFITS? A major benefit of government-issued digital currencies is that they can improve access for underbanked people. This is not a huge issue in developed countries like the U.S., but many people in developing nations have no access to banks and other financial services (hence the term underbanked). As the number of internet users continues to climb, digital currencies represent a sound solution. To learn more about this topic, visit this article from Global Finance, which lists the world’s most underbanked countries in 2021. THE 9% Just 9% of countries have launched a digital currency to date. This includes Nigeria, which became the first African country to do so in October 2021. Half of the country’s 200 million population is believed to have no access to bank accounts. Adoption of the eNaira (the digital version of the naira) has so far been relatively sluggish. The eNaira app has accumulated 700,000 downloads as of April 2022. That’s equal to 0.35% of the population, though not all of the downloads are users in Nigeria. Conversely, 33.4 million Nigerians were reported to be trading or owning crypto assets, despite the Central Bank of Nigeria’s attempts to restrict usage. STATUS IN THE U.S. America’s central bank, the Federal Reserve, has not decided on whether it will implement a central bank digital currency (CBDC). > Our key focus is on whether and how a CBDC could improve on an already safe > and efficient U.S. domestic payments system. > – Federal Reserve To learn more, check out the Federal Reserve’s January 2022 paper on the pros and cons of CBDCs. Tweet Share Share Reddit Email Please enable JavaScript in your browser to complete this form. Subscribe to our free newsletter and get your mind blown on a daily basis: * Sign up Related Topics:bitcoincryptocurrencyblockchaineconomicscurrenciesmonetary policydigital currencycentral bank digital currency Up Next Mapped: The Wealthiest Billionaire in Each U.S. State in 2022 Don't Miss Mapped: The Salary You Need to Buy a Home in 50 U.S. Cities Click for Comments YOU MAY ALSO LIKE Comparing the Speed of U.S. Interest Rate Hikes (1988-2022) The Inflation Factor: How Rising Food and Energy Prices Impact the Economy Interest Rate Hikes vs. Inflation Rate, by Country 3 Insights From the FED’s Latest Economic Snapshot Charted: U.S. Consumer Debt Approaches $16 Trillion The Richest People in the World in 2022 TECHNOLOGY CHARTED: THE DARK WEB PRICE INDEX 2022 This chart looks at some of the common items that are sold on the Dark Web, and how much they sold for on average in 2022. Creator Program Published 1 day ago on November 10, 2022 By Carmen Ang THE DARK WEB PRICE INDEX 2022 Did you know that the internet you’re familiar with is only 10% of the total data that makes up the World Wide Web? The rest of the web is hidden from plain sight, and requires special access to view. It’s known as the Deep Web, and nestled far down in the depths of it is a dark, sometimes dangerous place, known as the darknet, or Dark Web. This graphic by Enrique Mendoza provides us a glimpse at this shrouded part of the internet, showing us some of the common items that are sold on there, and how much they typically cost. A BRIEF INTRODUCTION TO THE DARK WEB Before diving in, it’s worth quickly explaining what the Dark Web is, and how people typically gain access to it. Unlike the ordinary web (which is also known as the Surface Web), the Dark Web cannot be accessed through a regular browser such as Chrome or Safari. Rather, users need to access it anonymously via a Tor browser. Tor, which is short for “The Onion Router,” is a special portal that connects users to Dark Web websites in a complicated way that ultimately protects the user’s identity. This means users can access websites anonymously. The Dark Web can be a breeding ground for illegal activity, where people can buy things like contract killings, drugs, malware, and other people’s personal information. PRODUCT PRICE BREAKDOWN How much is your personal information worth on the Dark Web? This graphic uses data from the 2022 Dark Web Product Price Index to find that out and more. This annual report by privacyaffairs.com provides insights into some of the most popular products that are for sale on the Dark Web, such as credit card data, forged documents, and hacked info, and lists the average price of each product. While this list is far from exhaustive and not the only measure of Dark Web prices, the report gives us a glimpse into hidden online territory that’s extremely unfamiliar to many of us. Search: ProductProduct CategoryAvg. Price USD (2022) Credit card details, account balance up to 5,000Credit Card Data$120 Credit card details, account balance up to 1,000Credit Card Data$80 Stolen online banking logins, minimum 2,000 on accountCredit Card Data$65 Israel hacked credit card details with CVVCredit Card Data$25 Hacked (Global) credit card details with CVVCredit Card Data$15 Spain hacked credit card details with CVVCredit Card Data$25 Cloned American Express with PINCredit Card Data$25 Canada hacked credit card details with CVVCredit Card Data$18 Australia hacked credit card details w/ CVVCredit Card Data$23 Cloned Mastercard with PINCredit Card Data$20 PreviousNext One of the most expensive items included in the dataset is premium malware, which costs about $5,500 per 1,000 installs. While the cost for premium malware is hefty, there are still billions of malware attacks occurring every year causing huge monetary damage. On the other end of the spectrum are Paypal account details, Netflix logins, or stolen credit card details (complete with a CVV) all available for less than $20. HOW TO PROTECT YOUR PERSONAL INFORMATION As the line between the digital and physical realm becomes increasingly blurry, it’s more important than ever to make sure you’re protecting yourself and your personal information from identity theft. According to Privacy Affairs, there are several proactive measures you can take to decrease your chances of getting hacked. This includes using a VPN whenever you access public Wi-Fi, using different passwords for different online accounts, and investing in anti-malware software to combat unwanted visitors. Tweet Share Share Reddit Email Continue Reading TECHNOLOGY VISUALIZING FINANCIALS OF THE WORLD’S BIGGEST COMPANIES: FROM IPO TO TODAY See the financials of major companies like Amazon and Tesla visualized, comparing their first year post-IPO with the most recent numbers. Creator Program Published 2 days ago on November 9, 2022 By Carmen Ang In today’s fast-paced world, companies need to adapt if they want to stay relevant. Even the Big Tech giants can’t get too comfortable—to remain competitive, large corporations like Google and Amazon are constantly innovating and evolving. This series of graphics by Truman Du illustrates the income statements of five of the world’s biggest companies—Amazon, Apple, Microsoft, Tesla, and Alphabet—and shows how their financials have evolved since the date of their very first public disclosures. Editor’s note: Click on any graphic to see a full-width version that is higher resolution. Also, because these companies are in some cases 10,000x the size they were at IPO date, the two visual financial statements are not meant to be directly comparable in sizing. VISUAL INCOME STATEMENTS: FROM IPO TO TODAY Let’s start with Apple, the first company to go public, and the biggest in the mix: 1. APPLE View the full-size infographic Back in 1998, Apple went by the name “Apple Computer,” because at the time, the company only sold computers and computer hardware kits. However, over the next decade, the company expanded its product offerings and started to sell various consumer tech products like phones, portable music players, and even tablets. Apple’s consumer tech was so successful, that by 2007 the company decided to drop “Computer” from its name. Fast forward to today, and the company also generates revenue through services like Apple TV and Apple Pay. While computers are still a core part of its business, the iPhone has become the biggest revenue driver for the company. In 2021, Apple generated $94.7 billion in profit at a 26% margin. Today, the company is one of the only Big Tech companies that has been able to withstand the industrywide drop in valuations. Sitting strong with a market capitalization over $2 trillion, the company is worth roughly the same as Amazon, Alphabet, and Meta combined. 2. MICROSOFT View the full-size infographic Microsoft, one of the oldest companies on this list, went public in 1985. Back then, the company only sold microprocessors and software—hence the name Micro-Soft. And while Microsoft’s flagship operating system (Windows) is still one of its major revenue drivers, the company’s product offerings have become much more diverse. Now, its revenue streams are split fairly evenly between its cloud service (Azure), productivity tools (Office), and personal computing (Xbox and Windows OS). 3. AMAZON View the full-size infographic When Amazon went public in 1997, the online retailer was only selling books. But by 1998, Amazon started rapidly expanding its product offering. Soon it was selling everything from CDs and toys to electronics, and even tools. Fast forward to now, and the ecommerce segment of Amazon has become just a portion of the company’s overall business. Amazon is also a cloud-service provider (AWS), supermarket chain (with its grocery brands Amazon Fresh and its acquisition of Whole Foods) and even a video streaming service (Prime Video). In particular, AWS stands out as an important part of Amazon’s overall business, driving a whopping 74% of operating profits. 4. ALPHABET View the full-size infographic When Google went public in 2003, it was a simple search engine that generated about $1.4 billion in ad revenue from its website and cloud network. Today, the company (now renamed Alphabet) has become synonymous with the internet, and accounts for an overwhelming majority of the internet’s search traffic. Because of this, it generates hundreds of billions in ad revenue each year. The company also owns YouTube, and has branched out into different verticals as well like consumer tech (Fitbit), and premium streaming (YouTube Premium &TV). 5. TESLA View the full-size infographic Tesla’s IPO was in 2008, making it the youngest company on the list. And as the newest kid on the block, Tesla’s revenue streams haven’t changed as drastically as the others have. However, while electric vehicles are still the company’s main revenue driver, Tesla has managed to dip its toes into other verticals over the last 10 years. For instance, in 2021, about $2.8 billion of its $53.8 billion in revenue came from energy generation and storage. Tweet Share Share Reddit Email Continue Reading SUBSCRIBE Please enable JavaScript in your browser to complete this form. 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