Phase 2 CBDC Pilot Transitions to Offline Payments, with JCB, IDEMIA, and Soft Space

Phase 2 CBDC Pilot Transitions to Offline Payments, with JCB, IDEMIA, and Soft Space

The JCB Digital Currency (JCBDC) initiative, spearheaded by JCB in collaboration with IDEMIA and Soft Space, has entered its second phase. This project is focused on enhancing Central Bank Digital Currency (CBDC) transactions. During the initial phase, the team developed a CBDC payment system that allowed merchants to accept digital currency payments without altering their […]

Reserve Bank of Australia and Digital Finance CRC Conclude Study on CBDC Implementation

Reserve Bank of Australia and Digital Finance CRC Conclude Study on CBDC Implementation

The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) have collaboratively presented the findings from their joint research initiative, which focused on evaluating the viability of introducing a central bank digital currency (CBDC) in Australia. The report outlines conclusions drawn from the endeavour, which entailed active involvement from the industry […]

Monoova executes a cross-border settlement using the Australian CBDC

Monoova executes a cross-border settlement using the Australian CBDC

Source: The Paypers Australia-based Monoova has successfully completed the first real-world cross-border settlement using the Australian dollar CBDC. The feat was achieved during an invitation-only event held by the Reserve Bank of Australia (RBA) in collaboration with the Digital Finance Cooperative Research Centre for participants in the Australian Central Bank Digital Currency (CBDC) pilot project. The pilot […]

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