Fintech News
DECEMBER 11, 2023
This PoC involved executing real-time cross-border test transactions between various Central Bank Digital Currency (CBDC) systems. The project tested the feasibility of conducting multilateral cross-currency transfers through the UDPN, involving both Distributed Ledger Technology (DLT) and non-DLT-based CBDC technologies.
Finextra
JULY 19, 2024
Cboe Clear Europe, the largest pan-European clearing house, has successfully participated in the Eurosystem’s recent exploratory work testing the use of new technologies for the settlement of wholesale transactions in central bank money. The experiments specifically aim to explore the potential of distributed ledger technology (DLT).
PYMNTS
NOVEMBER 27, 2019
Beau wants to use distributed ledger technology (DLT), and France is considering a central bank digital currency (CBDC). DLT would also help in terms of cross-border payments, he said. “We, The ECB has been open to the idea, and could already be experimenting.
PYMNTS
NOVEMBER 2, 2020
In other news, the Reserve Bank of Australia (RBA) is exploring the potential of a central bank digital currency (CBDC), in partnership with the National Australia Bank , Commonwealth Bank , Perpetual Limited and ConsenSys Software , the bank announced in a press release. RBA expects to finish the project at the end of this year.
PYMNTS
DECEMBER 22, 2020
The experiments aim to examine a digital euro’s technical feasibility as well as its “programmability” as a coin separate from a central bank digital currency, (CBDC) according to CoinDesk. NTT Data, Project Spunta’s developer, and payment system provider SIA, are participating in the research experiment, Ledger Insights reported.
Clearly Payments
AUGUST 29, 2024
This article covers what CBDCs are, how they have evolved until 2024, their impact on payments, and the future they could shape. What Are CBDCs? A Central Bank Digital Currency (CBDC) is a digital form built on blockchain technology of a country’s fiat currency issued and regulated by the central bank.
The Fintech Times
AUGUST 6, 2024
The central bank is also involved in the Inthanon Project , a joint initiative with the Hong Kong Monetary Authority in which it works alongside eight commercial banks to explore the potential of Distributed Ledger Technology (DLT) in developing a wholesale CBDC.
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