Digital Dollar Project to Launch Pilot Programs to Explore Designs and Uses of a U.S. Central Bank Digital Currency
Accenture plc Class A Ordinary Shares (Ireland) (ACN)
Last accenture plc class a ordinary shares (ireland) earnings: 3/19 06:44 am
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Source: Business Wire
Project co-founder Accenture to provide initial funding for pilots, which marks next step in bringing the digital dollar closer to reality WASHINGTON--(BUSINESS WIRE)--The Digital Dollar Project (DDP) will launch at least five pilot programs over the next 12 months with interested stakeholders and DDP participants to measure the value of and inform the future design of a U.S. central bank digital currency (CBDC), or “digital dollar.”This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210503005330/en/There is growing focus on CBDCs (Photo: Business Wire)A non-profit partnership between Accenture (NYSE: ACN) and the Digital Dollar Foundation, the DDP was created last year to encourage research and public discussion on the potential advantages of a U.S. CBDC — a new form of money designed specifically for the digital world that complements the existing forms of physical and electronic monies.The pilots, for which Accenture is pr
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