Central Banks Settle Cross-Border Payments With Blockchain for First Time
The central banks of Canada and Singapore have for the first time settled cross-border payments using blockchain and central bank digital currencies.
Riksbank's e-krona pilot will run on distributed ledger tech, but the entire project will be operated as only a simulation through at least 2021.
Former CFTC Chair Chris Giancarlo and LabCFTC head Dan Gorfine are forming the Digital Dollar Foundation, working with Accenture to determine how best to create a U.S. central bank digital currency.
Social impact took center stage at this year's Hyperledger Global Forum, with perhaps less of an emphasis on banking consortia and trade finance blockchains.
Accenture plans to help TradeIX create new use cases beyond banking for buyers and sellers within trade finance after backing the Marco Polo tech partner.
Sweden has picked Accenture to handle its e-krona digital currency pilot.