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Sweden’s Central Bank Signs Deal To Develop Pilot Platform For Digital Currency
Summary: The Riksbank, Sweden’s central bank, stated on Friday that it will sign a deal with consultancy firm Accenture to develop a pilot platform for a digital currency, known as the e-krona, according to Reuters. “The primary objective of the e-krona pilot project is to broaden the bank’s understanding of the technological possibilities for the e-krona,” ...
The Riksbank, Sweden’s central bank, stated on Friday that it will sign a deal with consultancy firm Accenture to develop a pilot platform for a digital currency, known as the e-krona, according to Reuters.
“The primary objective of the e-krona pilot project is to broaden the bank’s understanding of the technological possibilities for the e-krona,” the Riksbank said in a statement.
Sweden has seen a rapid decline in cash use in recent years, which has led to Risbanks looking into developing their own digital currency as part of its role to promote a safe and efficient payment system.
By Ramsey Baker
Tags: Digital Currency,Riksbank. Accenture
Link: Sweden’s Central Bank Signs Deal To Develop Pilot Platform For Digital Currency [Copy]
