Inside the Estonian CBDC Experiment That Could Shape the Digital Euro
In an intriguing sign of how far things have actually come, Estonia’s newest round of experimentation in developing a main bank digital currency, or CBDC, is an unusual example of a job openly connected to the ECB’s now-energetic digital euro ambitions.The ECB’s altered position today symbolizes how major the conversation around a digital euro has actually ended up being, stated Luukas Ilves, head of method and development at Guardtime, the innovation supplier helping Eesti Pank, the main bank of Estonia.” We understand the ECB is going to be evaluated of the work we are doing with Eesti Pank,”stated Ilves.” Looking ahead, we hope to pull in other eurozone main banks and make an engaging case that a retail CBDC can be released at scale for the whole European economy.
