Sweden signs a partnership with Accenture for the launch of a state cryptocurrency

Sweden signs a partnership with Accenture for the launch of a state cryptocurrency

By Roberto D. | CryptoFarm | 14 Dec 2019


The news was given yesterday by Reuters, according to reports by the news agency the Swedish central bank is planning to launch a pilot platform preparatory to the issuance of a digital currency that should take the name of e-krona; the platform will be implemented in partnership with Accenture in order to explore the opportunities offered by new fintech technologies. With regard to this transaction, the Swedish central bank has declared that:

The main objective of the e-krona pilot project is to broaden the bank's understanding of the technological possibilities offered by virtual currencies

Moreover, the Swedish central bank was looking at the world of cryptocurrencies with greater openness compared to what happens in other countries had already seemed evident when the current governor had defined libra (the facebook currency) "an incredibly important catalyst event" probably alluding precisely to the fact that the presentation of this new stablecoin would have represented an incentive for governments around the world to seriously consider the possibility of issuing CBDCs, which actually happened. Another detail that deserves some consideration is that the use of plastic money in Sweden is already very common, we are talking about one of the countries in the world where there is less use of cash, therefore the transition to a state crypt should be understood as an absolutely natural phenomenon. In the meantime, practically at the same time as this news, the statements of the new ECB governor, Christine Lagarde, have begun to circulate, which has in fact stated that the EU should ride the wave of interest in stablecoins, opening itself to innovation without with this ignore the risks and the criticalities that these coins carry inherent in themselves; Lagarde has in fact declared that the demand is there, exists, the interest is strong and consequently the community institutions, instead of closing like a hedgehog, should strive to guide the rise of these instruments, also through the establishment of a framework adequate regulatory framework, so as not to lag behind those countries, such as China and the USA, which instead are already consolidating their leadership in this sector globally.


Roberto D.
Roberto D.

Born in Italy, I live in Italy, passionate about cryptocurrencies since I discovered ethereum in 2015


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