Tag "BIS Innovation Hub"
BIS, Swiss National Bank and World Bank Launch Token Project Promissa
Today, many international financial institutions (including multilateral development banks) are partly funded by financial instruments known as promissory notes, most of which are still paper-based. While the current system provides the operational controls for member nations to make subscription and
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BIS To Develop Scalable, Resilient and Privacy-Focused Prototype CBDC
The BIS Innovation Hub’s Swiss Centre has launched Tourbillon, a new project that explores improving cyber resiliency, scalability and privacy in a prototype central bank digital currency (CBDC). Central banks have identified cyber resiliency, scalability and privacy as core features
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Swiss and French Central Banks to Pilot Wholesale CBDC Project
The Swiss National Bank, the Banque de France and the BIS Innovation Hub announced that, together with a private sector consortium led by Accenture, they will conduct an experiment using wholesale central bank digital currencies (wholesale CBDC) for crossborder settlement.
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