Bank of Japan Continues Digital Yen Pilot Project After Successful Second Phase
Bank of Japan (BOJ) released a report in which it said that after the successful completion of the second phase of the digital yen pilot project, the authorities decided to continue the program. The second phase of testing of the state cryptocurrency took place between Apri ...
Bank of Japan’s Successful CBDC Test Sets Stage for Pilot Project
Central Bank conducted a 12-month test And it was successful The country is now preparing for a pilot project Bank of Japan (BOJ) shared the results of the second phase of the CBDC concept test.. It lasted a year, from April 2022 to March 2023. At ...
South Korea’s Central Bank and Samsung Collaborate to Test Offline Payments with State Digital Currency
Central Bank of the Republic of Korea together with South Korea's largest electronics manufacturer Samsung will test the possibility of offline payments with the state digital currency. On Monday, May 15, the Central Bank of South Korea (BOK) and Samsung Electronics signe ...
Santa Cruz County Approves Blockchain-based Digital Wallet for Government Services
The County Council of Santa Cruz in California has recently given the green light to a groundbreaking initiative: the development of a digital wallet for government services based on blockchain technology. The pilot for this project is scheduled to be launched in July 2023 and is being spearheade ...