IBM and HSBC develop successful multi-ledger CBDC demo

IBM and HSBC, on Thursday, declared the successful test of an up-to-date token and digital wallet settlement between 2 CBDCs (central bank digital currencies) in a cloud environment. The experiment included transactions between eBonds, CBDCs and forex. Hyperledger Fabric and enterprise technology provider of IBM, R3’s Corda acted as the base of the distributed ledger…

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Visa working at blockchain interoperability hub for cryptocurrency payments

Visa, the worldwide payments giant has launched a project that targets to be a ‘universal adapter’ of blockchain that can link various cryptos, central bank digital currencies (CBDC) as well as stablecoin. On Thursday, an official announcement made it clear that the research team of Visa is working on a ‘Universal Payment Channel’ (UPC) initiative,…

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