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Norwegian central bank taps Ethereum for CBDC work
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Now, the open source code has been made available on GitHub, allowing for the testing of basic token management use cases, including minting, burning and transferring ERC-20 tokens.In addition to deploying the appropriate smart contracts and access controls, the Norges Bank sandbox includes a custom frontend and network monitoring tools.The sandbox network sits behind basic authentication and is only accessible by users with the appropriate credentials, meaning transactions are private.Nahmii says more complex and interesting use cases, such as batch payments, security tokens and bridges will soon follow.
. Read more on finextra.comAbout this in other media
Kenya’s central bank governor finally sees the push for Bitcoin ambcrypto.com /2 years ago
Sweden's central bank launches 100 basis point rate hike, says 'inflation is too high' cnbc.com /2 years ago
European Central Bank chooses Amazon and 4 other firms to prototype digital euro app cointelegraph.com /2 years ago
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