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RBA to finish wholesale digital currency research project "very soon"
The Reserve Bank of Australia plans to release a full public report of its findings and learnings from its proof-of-concept central bank digital currency (CBDC) project in the middle of this year. The central bank partnered with CBA, NAB, investment group Perpetual and US software company ConsenSys to develop a proof-of-concept CBDC for wholesale settlement on an Ethereum-based distributed ledger technology (DLT) platform. The proof aims to establish use cases, including the origination and servicing of tokenized loans on the platform. Deputy head of the payments policy department Chris Thompson told a Blockchain ... (full story)