The Bank of France’s central bank digital currency (CBDC) experiments are moving forward with eight candidate firms picked to begin work “in the coming days,” the central bank said in a press release Monday. Source
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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...
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...
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...
“We’re processing of many of these transactions already, leading the way with AI, analytics and automation to get to a more streamlined processing,” Melanie Cutlan, managing director of blockchain services for Accenture Operations said. “With DLT, Accenture has been...
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...
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...
Professional services firm Accenture and Italian insurance group Generali have launched a blockchain solution that brings employee benefits into the digital age. The product is aimed to streamline Generali’s Employee Benefits Network offerings, including insurance cover for life, disability, accident...