Sunday, May 26, 2024

A CBDC protoype platform

By DAC000 , in CBDC , at March 24, 2022 Tags:

developed by several Central Banks & The BIS, codenamed “Project Dunbar”, allows different CBDCs to be effectively swapped. About a one minute read.

Comment: well, this story has both pros and cons. First the positive — each national CCBDC can be directly and efficiently exchanged. But repeated mention of “a platform” ignore one of the fundamental design features of cryptocurrency — decentralisation.