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BIS and Israel and HK central banks examine security, privacy and accessibility in CBDC design - Vimarsana News

BIS and Israel and HK central banks examine security, privacy and accessibility in CBDC design

The Bank for International Settlements says a joint experiment conducted with the central banks of Israel and Hong Kong proved the feasibility of a retail central bank digital currency (rCBDC) ecosystem that combines accessibility, competition and preventative cyber security, while retaining key advantages of physical cash.

Israel, Hong Kong complete retail CBDC test emphasizing privacy, inclusivity - Vimarsana News

Israel, Hong Kong complete retail CBDC test emphasizing privacy, inclusivity

A Bank for International Settlements project has suggested using “access enablers” to make a retail central bank digital currency more accessible and private.