Friday, April 19, 2024
Home > Test (Page 2)

BIS and France, Switzerland, Singapore Central Banks Successfully Test Cross Border Trading of Wholesale CBDC Using DeFi

Project Mariana's proof of concept used a hypothetical euro, Singapore dollar and Swiss franc wCBDCs between simulated financial institutions. The project relied on "a common token standard on a public blockchain which facilitates interoperability and seamless exchange of wCBDC across varied local payment and settlement systems maintained by participant central

Read More

France, Singapore and Switzerland test cross-border CBDCs

The Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland concluded a joint test of the cross-border trading and settlement of wholesale central bank digital currencies (CBDCs). The Banque de France issued the report on Sept. 28.The so-called Project Mariana was developed by the Banque

Read More

Major Aussie bank takes next step to AUD stablecoin after Chainlink test transaction

Australia and New Zealand Banking Group is one step closer to launching its bank-issued stablecoin A$DC after the bank successfully executed a test transaction on Chainlink’s Cross-Chain Interoperability Protocol.ANZ’s banking services portfolio lead Nigel Dobson said the transaction was a “milestone” moment for the bank in a Sept. 14 statement:“ANZ

Read More

Meta Unveils WhatsApp Channels to Over 150 Countries after Successful Test

The WhatsApp Channels will allow users to receive important updates from people and organizations amid the changing regulatory landscape. Meta Platforms Inc (NASDAQ: META) shares closed Wednesday trading at $305.06, having gained 1.23 percent from the day’s opening price. The gains are likely to be attributed to Meta’s announcement that the

Read More

SWIFT enrolls 3 central banks in CBDC interoperability beta test, expands sandbox

Three central banks have joined the beta phase of bank messaging platform SWIFT’s central bank digital currency (CBDC) interoperability project, the company announced Sept. 13. It has also entered a new phase of sandbox testing, it said.The Hong Kong Monetary Authority, the Central Bank of Kazakhstan and an unnamed central

Read More

Israel, Hong Kong complete retail CBDC test emphasizing privacy, inclusivity

The Bank for International Settlements and the central banks of Hong Kong and Israel released the results of Project Sela on Sept. 12. The project was a public-private partnership that used private intermediaries to create a retail central bank digital currency (rCBDC) combining the desirable characteristics of cash and the

Read More

Hong Kong and Israel Partner with BIS to Test CBDCs That Settle on Central Bank Balance Sheet

According to BIS research, 93% of central banks across the world are investigating the feasibility of issuing CBDCs. The Hong Kong Monetary Authority (HKMA) and the Bank of Israel (BOI) have partnered to address the privacy concerns associated with central bank digital currencies (CBDCs). This is according to a joint report

Read More