CBDC News

In a Digital Currency Research Institute, said the central bank is exploring using blockchain at the issuance layer of its central bank digital currency (CBDC).

China is pretty advanced in its CBDC pilots, but its core digital yuan system is centralized. It’s a two layer system with the central bank controlling the core layer using conventional technologies and banks acting as intermediaries in the same way they do for cash. And banks can use smart contracts for programmable money.

In Depth: Fnality, the global blockchain payments system backed by Nasdaq, 14 global banks - Ledger Insights - enterprise blockchain An in depth look at Fnality which runs the blockchain payments system formerly called Utility Settlement Coin. Explores the purpose and roadmap

https://www.reuters.com/business/finance/australia-singapore-south-africa-test-cross-border-cbank-digital-payments-2021-09-02/

Australia, Malaysia, Singapore and South Africa launch cenbank digital currency scheme Central banks in Australia, Singapore, Malaysia and South Africa will conduct a cross border payments trial using different central bank digital currencies (CBDC) to assess if this allows transactions to be settled more cheaply and easily, the banks said on Thursday.

CBDC – Peak of Inflated Expectations? Central Bank Digital Currencies (CBDCs) have become a very hot topic for the financial community. And naturally, because the potential impact of a CBDC is so significant, there is an unusual amount of ‘hype’ surrounding the topic. This article considers the current status of the debate and argue...