UTC-05:00,Tuesday , January 28th 2020

Australia Reserve Bank Trials Central Bank Currency

07:13 Thursday , January 16th 2020
Australian Reserve Bank (RBA) recently revealed that it simulated the use of central bank digital currency (CBDC) in a wholesale payment system based on the Ethereum network, with interesting results. Their plan was to see whether a system where banks settle customer payments between themselves would be able to operate on a permissioned Ethereum-based network.
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