BIS unveils technical priorities for CBDCs in Americas
Central banks in the Americas, under the guidance of BIS, have outlined key technical priorities for potential CBDC architecture. The Consultative Group on Innovation and the Digital Economy (CGIDE) report is a valuable reference for countries researching or implementing Central Bank Digital Currency (CBDC) solutions. Central bank collaboration In a cooperative initiative, central banks are laying out key technological aspects for a future CGIDE proposal on a Central Bank Digital Currency (CBDC) proof of concept. The proposal considers technical requirements such as interoperability, scalability, user-centric design, security, and data privacy. Central banks in the Americas define technical priorities for a potential #CBDC architecture, to serve as a reference for countries conducting research or planning to implement a CBDC solution https://t.co/8M7kjGH4Xi pic.twitter.com/mrUvI5GVOy — Bank for International Settlements (@BIS_org) December 12, 2023 You might also li...