Sweden’s central bank said on Friday it would sign a deal with consultancy firm Accenture to create a pilot platform for a digital currency, known as the e-krona.
“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.
Cash use has declined rapidly in Sweden in recent years and the Riksbank has been looking at whether it should issue a digital currency as part of its role to promote a safe and efficient payment system.
Copyright © 2023 iCryptome.com
See more:
- Bitcoin May be Gearing up for a Large Price Move as Volatility Plunges
- The TRON Grand Hackathon 2022 Announces First List of New Partners Joining the Permanent Judging Panel for Season 2
- Bitcoin Is A Hedge Against Bolivar-Induced Financial Suicide, Claims Venezuelan Economist
- Brave Launches Next-Generation Browser that Puts Users in Charge of Their Internet Experience with Unmatched Privacy and Rewards
- Hacker Requests Bitcoin Payment to Reveal Personal Details of 26 Million Users
