Wu Shuo learned that Bank of Japan Governor Kazuo Ueda stated that the Bank of Japan is advancing a sandbox project to support widespread settlement applications of central bank digital currency on the blockchain; in this experimental project, the BOJ will conduct technical tests based on a blockchain-based system for settlement using central bank currency (central bank current account/deposit form), and will study how to connect with existing systems and use cases such as interbank settlement and securities settlement.
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Wu Shuo learned that Bank of Japan Governor Kazuo Ueda stated that the Bank of Japan is advancing a sandbox project to support widespread settlement applications of central bank digital currency on the blockchain; in this experimental project, the BOJ will conduct technical tests based on a blockchain-based system for settlement using central bank currency (central bank current account/deposit form), and will study how to connect with existing systems and use cases such as interbank settlement and securities settlement.