Bank of Jamaica selects eCurrency to develop CBDC

Wednesday 31 March 2021 12:54 CET | News

The Bank of Jamaica has selected eCurrency Mint to provide the technology for its central bank digital currency (CBDC).

The CBDC pilot will take place between May 2021 and December 2021, the central bank announced on 23 March 2021. 

eCurrency Mint will also be the provider when the national CBDC roll-out begins in early 2022. eCurrency is a global thought leader and pioneer of the hardware, software, and cryptographic security protocol technology that supports central banks to issue, distribute and supervise CBDC, a digital fiat currency that will operate alongside notes and coins as digital legal tender.

To learn more about CBDCs and eCurrency technology, download our ebook Central Bank Digital Currencies for Beginners – A Quick Guide into CBDCs.

More: Link

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Keywords: partnership, CBDC, eCurrency, central bank, digital currency
Categories: DeFi & Crypto & Web3
Countries: Jamaica
This article is part of category

DeFi & Crypto & Web3