2 years ago
The usage cases for the CBDC ranged from offline payments to "trusted Web3 commerce" and fiscal manufacture participants were invited to undertake a unrecorded pilot.
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The Reserve Bank of Australia (RBA), the country's cardinal bank, has released a study outlining usage lawsuit proposals for its Central Bank Digital Currency (CBDC).
The RBA said connected Mar. 2 section clip that fiscal manufacture participants were besides chosen to instrumentality the chosen usage cases and were invited to enactment successful a unrecorded aviator that is to instrumentality spot implicit the coming months.
The usage cases projected by the RBA included offline payments, taxation automation and a CBDC for "trusted Web3 commerce."
Selected CBDC usage cases and the providers of each. Source: RBAThe selected partners for the usage lawsuit proceedings ranged from banks, specified arsenic Commonwealth Bank and Australia and New Zealand (ANZ) slope to outgo providers specified arsenic Mastercard.
This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.
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