Brazil wants to provide oracles to bridge external data with the country’s projected CBDC
The Brazil Stock Exchange (B3), is looking into ways to offer data inputs for the country’s central bank digital currency (CBDC). The stock exchange is considering supplying oracles to bridge external data with Brazil’s expected CBDC, the digital real, according to Luis Kondic, managing director of listed products and data at B3. On September 30, […]
Visa is working on a blockchain interoperability project
Visa, one of the world’s largest payments companies, announced a project that aspires to be a network of blockchains, cryptocurrencies, stablecoins, and central bank digital currencies (CBDC). Visa’s research team is working on a “Universal Payment Channel ” (UPC) initiative, a blockchain interoperability hub connecting numerous blockchain networks and enabling transfers of digital assets from […]
Reserve Bank of New Zealand releases issue paper on digital currency
The Reserve Bank of New Zealand (RBNZ) recently released an issue paper on central bank digital currencies (CBDC). The paper outlines CBDC purposes, designs, as well as the potential benefits and associated risks. The document explains the CBDC’s goals, designs, as well as the potential benefits and hazards that come with them. The proposed paper […]
Bank of England announce partners for its CBDC Forums
The Bank of England has announced executives and experts from Google, Amazon, PayPal and ConsenSys and others to help advance its investigation into a central bank digital currency (CBDC). The membership of the Bank of England’s CBDC Engagement and Technology Forums was revealed on Sept. 29, and it includes some huge names in technology and […]
Ex-IMF economist leads Roxe’s Bitcoin-backed CBDC project
Roxe, a global payment network, has hired a seasoned economist from the International Monetary Fund (IMF) to oversee its CBDC initiative. Roxe stated Wednesday that Andreas Jobst, a veteran of the IMF, World Bank, and Bermuda Monetary Authority, has been named head currency economist. Jobst will be in charge of scaling Roxe’s CBDC Plus Program […]