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Report: a group of central banks developed 33 API functionalities to test 30+ CBDC online, offline, and in-store use cases, via QR codes, phones, and more

An API layer could facilitate a wide range of central bank digital currency payment scenarios, a Bank for International Settlements and Bank of England experiment has shown.

CoinDesk Camomile Shumba

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  • @quant_network Quant on x
    We're proud to announce our role as part of the vendor team for #ProjectRosalind. The project, led by the @BIS_org and the @BankOfEngland, explored how application programming interfaces could be used for central bank digital currency systems. #CBDC https://quant.network/...
  • @bis_org @bis_org on x
    Project Rosalind, from the #BISInnovationHub London Centre & @bankofengland, explored how a universal and extensible #API layer could connect central bank and private sector infrastructures and facilitate retail #CBDC payments https://www.bis.org/... [image]