Solomon Islands - Digital Pound Foundation

Bokolo Cash: The Solomon Islands’ New Digital Currency Initiative

The Solomon Islands’ Central Bank has initiated a trial for a new digital currency, named Bokolo Cash. This project, supported by the Japanese blockchain company Soramitsu, aims to introduce a central bank digital currency (CBDC) equivalent to one Solomon Islands dollar. Bokolo Cash will be usable in retail environments within Honiara, the nation’s capital, and […]

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Whilst most CBDC experiments have involved private sector technology providers, the overwhelming majority of these experiments, to date, have not involved participation from other private sector actors. The Digital Pound Foundation is unique in proposing a model whereby the public and private sectors can fully engage in the design, development and adoption of a digital Pound, thus contributing to its successful roll-out and helping drive forward the UK’s transition to a digital economy.

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