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Central Banks of France and Switzerland announce successful trial of digital Euro, Swiss Franc
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On Wednesday, the Banque de France (BdF), the BIS Innovation Hub (BISIH), and the Swiss National Bank (SNB) announced the success of a pilot run of a wholesale central bank digital currency (wCBDC), titled Project Jura. The project aimed to investigate cross‑border settlement with euro and Swiss franc wCBDCs, and launched on a third‑party distributed ledger technology platform.
The experimental technology explored in Project Jura first consisted of a decentralized peer‑to‑peer network of computer
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