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Australia’s Central Bank, Commonwealth, National Australia Bank, ConsenSys Partner on CBDC Research Project – Coindesk

The partnership will explore the possible use and implications of a wholesale form of central bank digital currency using distributed ledger technology.

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The Australian central bank announced Monday it’s partnering with Commonwealth Bank, National Australia Bank, Perpetual and ConsenSys Software to explore the possible use and implications of a wholesale form of central bank digital currency (CBDC) using distributed ledger technology (DLT).

  • The Reserve Bank of Australia (RBA) said the project will involve the development of a proof-of-concept (POC) for the issuance of a tokenized form of CBDC for use by wholesale market participants for the funding,…

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