Category: Accenture

Digital Dollar Project Calls for 2-Tiered Distribution System in First White Paper for US CBDC

The Digital Dollar Project is proposing a framework for the creation of a U.S. central bank digital currency (CBDC). The group published its first white paper Friday, detailing the need for a tokenized version of the U.S. dollar and...

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Sweden’s Central Bank Finally Embraces DLT, but Only in Simulation Mode

Sweden’s central bank will soon trial a blockchain-based digital currency – but it’s still in its very early stages, at best. Announced Thursday, Sveriges Riksbank’s e-krona pilot is the latest attempt at a central bank digital currency (CBDC) from...

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Former CFTC Officials Ramp Up Push for Digital Dollar With Accenture Partnership

Former Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo, former LabCFTC Director Daniel Gorfine and investor Charles Giancarlo want to take the dollar digital – and they’re not waiting for the Federal Reserve. The three are forming the Digital...

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Accenture Picked to Build Sweden’s E-Krona Digital Currency Pilot

Notably, those reports revealed Riksbank’s reticence to base any such digital currency on a blockchain or distributed ledger technology (DLT), which Riksbank labeled an “inefficient technology.” But its 2018 report nonetheless stated that “an e-krona should be able to...

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Central Banks Settle Cross-Border Payments With Blockchain for First Time

The central banks of Canada and Singapore have concluded a trial of cross-border payments using blockchain technology and central bank digital currencies. The Bank of Canada (BoC) and the Monetary Authority of Singapore (MAS) jointly announced Thursday that the successful...

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