Project Aurum: a prototype for two-tier central bank digital currency (CBDC)

Project Aurum: a prototype for two-tier central bank digital currency (CBDC)

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Project Aurum: a prototype for two-tier central bank digital currency (CBDC)

The BIS Innovation Hub has completed its first retail central bank digital currency (CBDC) system. Project Aurum was carried out by the Innovation Hub's Hong Kong Centre in partnership with the Hong Kong Monetary Authority and in collaboration with the Hong Kong Applied Science and Technology Research Institute.

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