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🔥 $QNT CBDC Confirmation | A thread 🔥
Today Quant was confirmed to be involved with Project Rosalind, a BIS/Bank of England CBDC project.
Why is this such a big deal?
Let's dive in!
📑👇 1/5
Today Quant was confirmed to be involved with Project Rosalind, a BIS/Bank of England CBDC project.
Why is this such a big deal?
Let's dive in!
📑👇 1/5
First off, what is the BIS? Why does this matter?
The world's single most influential financial institution, the BIS is a global organization of 63 countries' central banks that creates the policy, rules, and structure for modern finance as we know it.
So what is Rosalind? 👇
The world's single most influential financial institution, the BIS is a global organization of 63 countries' central banks that creates the policy, rules, and structure for modern finance as we know it.
So what is Rosalind? 👇
An API-based approach to CBDC interoperability, #ProjectRosalind has successfully demonstrated API functions for a retail CBDC
ledgerinsights.com/cbdc-api-digit…
What was the confirmation? 👇 3/5
ledgerinsights.com/cbdc-api-digit…
What was the confirmation? 👇 3/5
“As the world around us and the way we pay for things becomes more digitalised, the case for a digital pound in the future continues to grow," says Andrew Bailey, governor of the @BankOfEngland.
#CBDC #CBDCs #DigitalCurrency
cityam.com/britcoin-bank-…
#CBDC #CBDCs #DigitalCurrency
cityam.com/britcoin-bank-…
“While cash is here to stay, a digital pound issued and backed by the @BankOfEngland could be a new way to pay that’s trusted, accessible and easy to use,” chancellor @Jeremy_Hunt said.
#CBDC #CBDCs #DigitalCurrency
cityam.com/britcoin-bank-…
#CBDC #CBDCs #DigitalCurrency
cityam.com/britcoin-bank-…
“CBDCs could equip central banks with new tools to significantly help soften the impact of forthcoming financial crises, given they would provide a real-time view of risks and currency outflows,” @techmjh, our Chief Product Officer said.
#CBDC #CBDCs
cityam.com/britcoin-bank-…
#CBDC #CBDCs
cityam.com/britcoin-bank-…
