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2020-02-22 11:06:10

Sweden Central Bank DLT: A safe way for digital currency adoption?

Most central banks shun away from the idea of distributed ledger technology (DLT), but Sweden Central Bank DLT will be used to test digital currency e-krona. E-Krona, a developing project for Sweden Central Bank DLT E-krona’s background is from R3 Corda and is generated by Accenture and is set to grow gradually. Trials on e-krona will be simulated until 2021 after which he is bound to decide on carrying on with the Sweden central bank DLT project. Sveriges plan does not consider small banks but the digital ledger technology will be simulated from the framework of the closed network of