Project enables new privacy paradigm of payer anonymity to protect purchasers’ identities. The prototype’s scalability was tested using payment data. Quantum-safe cryptography was successfully implemented for future security, however...
Keynote speech by Ms Cecilia Skingsley, Head of the BIS Innovation Hub, at the “Exploring central bank digital currency: Evaluating challenges & developing international standards” conference, 28 November 2023,...
The initiative was founded by the central banks of Thailand, Hong Kong, China, and the United Arab Emirates. Participants include the IMF, World Bank, and 23 central banks from...
Project mBridge experiments with a multi-CBDC common platform for wholesale cross-border payments focusing on the use case of international trade, which has the potential to connect central banks and...
A four-country test of a cross-border payments system using central bank digital currencies was a success, the Bank for International Settlements (BIS) declared last week, finding that creating international...