Coinspeaker
Georgia Central Bank Tags Ripple as Technology Partner in CBDC (Digital Lari) Pilot
The National Bank of Georgia (NBG) has chosen blockchain and crypto solutions provider Ripple as a technology partner in its Central Bank Digital Currency (CBDC) pilot project. The Digital Lari (GEL) project will use Ripple’s CBDC technology – which is powered by the XRP Ledger (XRPL) – to investigate the practical use cases and potential benefits of a CBDC for the public sector, businesses and retail users.
In its official announcement, the central bank stated that it had chosen Ripple due to its “deep understanding of the project’s purposes and use cases, as well as a full commitment to the project’s success, sustainable business continuity, clear project development roadmap, and gradual deployment approach to use-cases.” It added that the firm, which had to go through a competitive selection process, has “experience in conducting real-life pilot project deployments, rangin
We współpracy z: https://www.coinspeaker.com/georgia-ripple-cbdc-digital-lari/
