SWIFT completes CBDC connector second trials
Participated by 38 institutions, results of the second trial of SWIFT's CBDC connector have been released, a project enabling CBDC systems to communicate via messaging.
CBDCParticipated by 38 institutions, results of the second trial of SWIFT's CBDC connector have been released, a project enabling CBDC systems to communicate via messaging.
CBDCOver the years, the rise of blockchain and its penetration into the financial sector has created convenience.
Digital DollarSWIFT has announced plans to launch a CBDC equivalent of its current banking messaging network in the next two years.
CBDCExperts forecast that Hong Kong could add $20.5 billion to its economy by 2032 as it ramps up CBDC and tokenization initiatives, while the growth of the Web3 sector is also seen as a contributor.
CBDCProjected to run for 12 to 15 months, the UAE's Phase 1 CBDC strategy will include the limited launch of the digital dirham and the completion of a previous project with India.
CBDCFrance-based IDEMIA has entered into a partnership with Qualcomm Technologies to support secure offline CBDC payment adoption.
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