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"Through these experiments, the Banque de France shows the operational feasibility and practical implementation of the three models it has conceptualized for issuing wCBDC directly on DLT [distributed ledger technology]," the central bank said, adding that different types of DLT were used to test applications in asset tokenization and the
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The Bank of England (BoE) is a step closer to launching its central bank digital currency (CBDC) dubbed “Britcoin” following the conclusion of a trial study called Project Rosalind.The Bank for International Settlements (BIS) along with the BoE launched the joint experiment in July 2022 to explore how prototypes of
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Decentralized wireless (DeWi) network operator World Mobile said on June 8 it has completed field tests of its DeWi technology in Kenya, Mozambique, and Nigeria, bringing it closer to a full rollout across the African continent, the company said in the announcement.World Mobile, which aims to offer affordable and reliable
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Bank of Japan (BOJ) has completed the second stage of its CBDC experimentation and is now moving forward with its pilot project. The Bank of Japan (BOJ) has successfully wrapped up the second phase of
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In the updated Q2 plan, the L1JTF team is delaying the release of v2.1.0. The project manager for L1JTF, LuncBurnArmy (LBA), said the original release date of May 31 has been moved to June 14 to
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent blog post, the creator of ethereum disclosed that he used ChatGPT 3.5 to develop a method for streamlining people’s use of public transportation. Vitalik Buterin outlines how decentralized autonomous groups and blockchain can
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The country is also exploring issuing a central bank digital currency. Source
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Cryptocurrency regulation tests aiming to help shape crypto laws in Zambia that simulate the real-world use of crypto are on track to finish by June.In an April 12 Reuters interview, Zambia’s innovation, science and technology minister, Felix Mutati, said the purpose of conducting the tests was to help the government
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The firm said it is advancing to the second phase because of the satisfactory results it got from the first phase of trials. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has announced the advancement of its Central Bank Digital Currency (CBDC) and is set to move on to a second
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On Wednesday, Binance CEO Changpeng Zhao, also known as CZ, announced the launch of a new non-fungible token (NFT) platform infused with artificial intelligence (AI). The AI-centric product is named Bicasso, and CZ said the beta version dropped today and was limited to 10,000 mints. Combining AI and NFTs: Binance CEO
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