Banque de France and Banque centrale du Luxembourg conduct wholesale CBDC test
The test shows “how digital assets can be issued, distributed and settled within the Eurozone in a single day”.
The test shows “how digital assets can be issued, distributed and settled within the Eurozone in a single day”.
The experiment was supported by JP Morgan’s blockchain innovation lab, Onyx.
The bank says it will begin work in the “coming days”.
Both regions want to boost their statuses as financial technology hubs.
The bank hopes the test will pave the way for a more simplified market infrastructure.
Applications are due by 15 May 2020.
Banque de France deputy governor says the right mindset is key.
Banque de France’s banking services department has embarked on a major technology overhaul programme. It will work with a domestic software provider on this project, Sopra Banking Software, which is part of the Sopra Steria group.
Banque de France and Banco de España are running late with their implementation of a new treasury and capital markets (TCM) system, Banking Technology understands. The two banks jointly opted for a new solution in 2013/14. It is understood that Calypso was chosen to replace a host of legacy technology, including Wallstreet Suite from Wall […]