FinTech
BIS, Swiss National Bank and SIX announce successful wholesale CBDC experiment
Project Helvetia shows the feasibility of two proofs of concept (PoCs), using "near-live" systems to settle digital assets on a distributed ledger with central bank money. A PoC linking the existing payment system to a distributed ledger and another issuing a wholesale central bank digital currency (CBDC) are compared. The…
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Click here to read the full story: Bank for International Settlements