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:
- Satoshi’s Games Launches Monstropoly, the Highly Anticipated, Blockchain-Based, Esports Play2Earn Game
- 12.7% of Shoppers Want Amazon to Sell Crypto Services
- New Privacy Coin Utopia Crypton Is Accepted at 1800+ Online Stores
- Bitcoin is Now Firmly in Bull Market Territory, Which Means Traders Should Start Buying Dips
- Unstoppable Domains and BitDegree to give away $50M in NFT domains in Learn&Earn campaign
