The Bank for International Settlements (BIS) has finished a joint project exploring international retail and remittance payments use cases for CBDC with the central banks of Israel, Norway and Sweden
Riksbank has introduced the RIX-INST service, which means that payments between banks can be made in real-time with central bank money. The Riksbank is thus offering the banks a secure and cost-effective payment system for instant payments that creates opportunities for Swedish companies to develop new innovative payment services. The service is connected to the […]
The solution based on blockchain technology is also new and needs further investigation
On average, there are 1.5 million instant payments per day number in Sweden
The pandemic has a significant effect on large companies, creating numerous concerns
Some of the central banks have existed for more than 300 years
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