Back

Bank of Canada Investigates Digital Dollar Using OpenCBDC 2PC

The central bank emphasizes privacy, compliance, and decentralization in its exploration of a digital currency.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • OpenCBDC 2PC: An initiative aimed at developing a central bank digital currency (CBDC) with a focus on privacy and compliance.
  • digital dollar: A digital version of a country's currency issued by the central bank, allowing for electronic transactions.