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3232SWIFT Plans to Launch CBDC Interconnection System in Next Two Years
https://www.digit.info/swift-plans-to-launch-cbdc-interconnection-system-in-next-two-years/
Fri, 29 Mar 2024 07:21:19 +0000https://www.digit.info/2024/03/29/swift-plans-to-launch-cbdc-interconnection-system-in-next-two-years/Read more]]>SWIFT, the network that provides the messaging system for cross-border banking settlements, has announced plans to launch a CBDC equivalent of its current network in the next two years. The organization recently completed a 6-month test to assess the viability of such a development, which included the participation of 38 institutions, including central banks and […]
]]>Brazilian Digital Real Passes Public Blockchain Pilot Test With Flying Colors
https://www.digit.info/brazilian-digital-real-passes-public-blockchain-pilot-test-with-flying-colors/
Mon, 27 Feb 2023 12:30:53 +0000https://www.digit.info/2023/02/27/brazilian-digital-real-passes-public-blockchain-pilot-test-with-flying-colors/Read more]]>A tokenized version of the digital real, the Brazilian central bank digital currency (CBDC), has passed a public blockchain pilot test successfully. The test, which was carried out by Mercado Bitcoin, a local exchange, using the Stellar network, shows that the digital real token can be used in public blockchains following all compliance rules set […]
]]>Bank of Japan to Launch Digital Yen CBDC Pilot Later This Year
https://www.digit.info/bank-of-japan-to-launch-digital-yen-cbdc-pilot-later-this-year/
Wed, 22 Feb 2023 10:20:19 +0000https://www.digit.info/2023/02/22/bank-of-japan-to-launch-digital-yen-cbdc-pilot-later-this-year/Read more]]>The Bank of Japan is preparing to launch a pilot test for a digital yen, its central bank digital currency (CBDC), later this year. Shinichi Uchida, executive director of the Bank of Japan, explained that the goals of this new pilot are to test the technical feasibility of the currency and to include private businesses […]
]]>SWIFT Is Experimenting With Decentralized Technologies to Allow CBDC Interconnection
https://www.digit.info/swift-is-experimenting-with-decentralized-technologies-to-allow-cbdc-interconnection/
Sun, 22 May 2022 10:00:02 +0000https://www.digit.info/2022/05/22/swift-is-experimenting-with-decentralized-technologies-to-allow-cbdc-interconnection/Read more]]>SWIFT, the interbank payments protocol and messaging system, has announced it is working to connect the different central bank digital currency (CBDC) protocols in development today. The company has partnered with Capgemini, a digital services provider, making a series of experiments to ensure that the new set of CBDCs have cross-border payments and remittance capabilities. […]