Chainlink, Microsoft, Others Partner for Brazil’s CBDC Pilot
Brazil’s central bank, Banco Central do Brasil (BCB), has initiated phase two of its Drex central bank digital currency (CBDC) pilot, leveraging Chainlink’s CCIP and Microsoft’s cloud infrastructure. Phase two aims to develop a trade finance solution that employs blockchain technology and oracles. Microsoft, Chainlink, Banco Inter, and 7Comm collaborate on the initiative to investigate […]
Swiss National Bank Pilots wholesale CBDC
Swiss National Bank, in partnership with SIX swiss exchange is piloting the wholesale central bank digital currencies (wCBDC) the project will be hosted on SDX and use the Swiss Interbank Clearing infrastructure. The Swiss National Bank (SNB), six commercial institutions, and the SIX Swiss Exchange will work together to pilot the issuance of wholesale central […]
Host of Companies Set to Partake in Brazil’s CBDC Pilot
National and international companies, including Visa, Microsoft, and Santander, will participate in the Brazilian central bank’s upcoming digital currency pilot project (CBDC). The central bank released the final list of CBDC pilot participants on May 24. Participants were selected from 36 bids submitted by single corporations and consortia, “totalling more than 100 institutions.” The total […]