Hyperledger Besu – DIGIT INFO

Brazil’s CBDC pilot contains code that can freeze or reduce funds, dev claims

DIGIT — Tue, 11 Jul 2023 02:48:34 +0000

Pedro Magalhães, a blockchain developer who claims to have reverse-engineered Brazil’s pilot CBDC has found code that would allow accounts to be frozen or drained at will.

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Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain

DIGIT — Thu, 09 Mar 2023 23:30:46 +0000

According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the issuance of the tokenized version of the country’s currency. Hyperledger Besu, the open-source platform elected for the tests, will allow the project to run without any licensing costs and to deal with maintenance costs later, […]

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BIS Releases Report On ‘Project Icebreaker’ — Develops Cross-Border Retail CBDC Payment Model

DIGIT — Wed, 08 Mar 2023 08:30:43 +0000

The Bank for International Settlements (BIS) has released a report summarizing the “Project Icebreaker” trial, which explored the potential advantages and difficulties of utilizing a retail central bank digital currency (CBDC) in cross-border payments. The experiment was designed to test “the technical feasibility of conducting cross-border – cross-currency transactions between different [distrubuted ledger technology]-based CBDC […]

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