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HSBC and IBM create successful multi-ledger CBDC demo
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On Thursday, HSBC and IBM announced the successful test of an advanced token and digital wallet settlement between two central bank digital currencies, or CBDCs, in a cloud environment. The experiment consisted of transactions between CBDCs, eBonds, and forex. IBM's Hyperledger Fabric and enterprise technology provider R3's Corda served as the basis of the distributed ledger facilitating the transactions.
The project was overseen by central bank Banque de France as part of a series of tranche
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