Australian university tests central bank digital currency for cash disbursements in emergency situations

CBDC pilot participants, including Southern Cross students and staff members

The Australia and New Zealand Bank (ANZ) has completed an eight-week pilot programme with Southern Cross University in New South Wales that has shown how organisations such as universities could provide immediate financial support using a central bank digital currency (CBDC) in emergency situations when ATMs and other payments technologies are unusable... More


Brazil’s central bank lays out reasons for developing CBDC

Banco Central Do Brasil logo for the Drex central bank digital currency

The central bank digital currency (CBDC) that Brazil’s central bank is to pilot for retail payments in stores is to be called Drex and will be “a step forward in democratizing access for individuals and entrepreneurs to the benefits of the digitalization of the economy”, the Banco Central do Brasil (BCB) has announced... More


Consortium to test digital driving licences and medical prescriptions as part of EU’s European Digital Identity Wallet pilot

Potential Consortium graphic for digital id for EU’s large-scale European Digital Identity Wallet pilot

An international consortium of 148 public and private sector organisations from 19 European Union member states and Ukraine is to develop and test digital identity prototypes across six use cases including digital driving licences and medical prescriptions as part of the EU’s large-scale European Digital Identity Wallet pilot programme... More


European Central Bank lays out design options for digital euro

European Central Bank

The ECB has laid out a series of design and distribution options for a digital euro that describe how the Eurosystem and supervised intermediaries such as commercial banks would operate in order to issue, distribute and settle transactions made using the proposed central bank digital currency. More












NFC World

Scotland to pilot digital identity platform

Digital Identity Scotland ID schematic

The Scottish Government is to pilot a national digital identity system that enables citizens to store their identity information in their own ‘Attribute Store’ and then “share these attributes with other public sector service providers as and when needed”... More